Pakistan Eyes Deeper Trade Ties with Oman in IT and Energy Sectors

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ISLAMABAD: President Asif Ali Zardari has underscored Pakistan’s interest in expanding bilateral trade with Oman, particularly in key sectors such as information technology, energy, construction, healthcare, and food security, according to state media.

The remarks came during a meeting with Oman’s Ambassador to Pakistan, Fahad Sulaiman Khalaf Al Kharusi, where both sides discussed avenues for enhancing economic cooperation. Zardari highlighted the importance of government-to-government engagement to drive private-sector collaboration and attract long-term investment.

“Pakistan is keen to deepen trade and investment ties with Oman across priority sectors,” Zardari stated, emphasizing the potential for mutually beneficial partnerships.

The initiative is part of Islamabad’s broader strategy to strengthen economic links with Gulf countries and attract foreign investment, especially in the IT and renewable energy sectors, which have recently garnered significant international interest.

Zardari also called for increased interaction at the leadership level to further solidify the traditionally friendly ties between Pakistan and Oman.

Efforts to boost foreign investment include outreach at international platforms like Arab Health 2025, aimed at promoting medical innovation and tourism. Last year, Pakistan also invited Oman to explore investment opportunities in its agriculture and mineral sectors through a newly formed civil-military investment facilitation body.

The renewed focus on Gulf engagement reflects Pakistan’s drive to diversify its trade partnerships and stimulate economic growth.

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