Oman Receives Eurasian Development Bank Delegation

Muscat, 16 Jul (ONA) --- The Sultanate of Oman has received a high-level delegation from the Eurasian Development Bank (EDB) to explore avenues for enhancing economic and investment cooperation between the two sides.

The delegation's visit included a series of important meetings with the Ministry of Finance, Oman Investment Authority (OIA), Oman Investment Bank, and the Muscat Stock Exchange.

Discussions primarily focused on broadening the scope of partnership between Oman and the EDB in areas such as financing infrastructure and development projects, supporting joint economic ventures, and exchanging technical expertise and financial advice. The talks also aimed to strengthen cooperation with Central Asian countries and other member states of the bank.

This visit underscores Oman's growing stature as an attractive investment destination and a hub for regional and international collaboration.

It's worth noting that the Eurasian Development Bank was established in 2006 and comprises seven member states. Its objective is to foster sustainable economic growth in the Eurasian region, with a focus on financing development projects in sectors including energy, transport, mining, agriculture, and logistics. The EDB also provides technical and advisory support to achieve economic development in its member countries.

---Ends/AG