šŸ‡±šŸ‡°šŸ‡“šŸ‡² Sri Lanka and Oman Advance Strategic Trade, Tech, and Economic Partnership

Source

• Trade & Investment: Progressed negotiations on a Special Trading Arrangement to facilitate bilateral trade, boost private sector partnerships, and drive investment flows between both nations. • Digitalization & AI: Agreed to exchange expertise in public service automation and digital governance while fostering B2B partnerships between Omani firms and Sri Lanka's ICT/BPM startups. • Logistics & Connectivity: Prioritized establishing direct air cargo and maritime links, utilizing Oman as a regional transshipment hub and enhancing Indian Ocean maritime cooperation. • Diversification & Sectors: Targeted joint opportunities across tourism, agriculture, fisheries, and higher education aligned with Sri Lanka's economic transformation and Oman Vision 2040. • Labor & Employment: Focused on expanding skilled workforce mobility, accelerating a pending bilateral labor agreement, and protecting the welfare of ~28,000 Sri Lankans currently employed in Oman.

Listen to this article

Duration: 1:09