Oman forum targets new trade, investment ties

The Philippines and Oman are looking to transform decades of labor cooperation into a broader economic partnership as both countries pursue stronger trade, investment and business links.

The Oman–Philippines Strategic Majlis, set for July 26 in Manila, will gather senior government officials, sovereign wealth fund executives and business leaders to explore opportunities in agriculture, fisheries, logistics, tourism, technology and energy.

The forum signals a shift in bilateral ties that have long been anchored by the Filipino workforce in Oman. While overseas employment remains an important connection, both governments now want to build a relationship driven by capital flows, exports and private-sector collaboration.

Leading the Omani delegation is Foreign Minister Sayyid Badr bin Hamad bin Hamoud Al Busaidi, joined by Oman Investment Authority Deputy President of Operations Muneer Al Muneeri. 

The participation of Oman’s investment officials highlights the Sultanate’s interest in expanding commercial partnerships beyond traditional areas of cooperation.

For the Philippines, the discussions could create new openings for exporters of seafood, tropical fruits and halal-certified products while positioning local companies for opportunities in the Gulf market. 

Logistics, tourism and technology firms may also benefit as both sides explore ways to improve connectivity and ease trade barriers.

Shipping and air links are expected to be a key focus, as limited direct connectivity has constrained stronger commercial exchanges between the two countries.

Philippine Ambassador to Oman Noralyn Jubaira Baja described the initiative as a “historic turning point” that can convert decades of people-to-people ties into deeper economic cooperation.

Oman’s Ambassador to the Philippines Nasser bin Said Al Manawri said the Strategic Majlis provides a platform to strengthen the countries’ growing relationship through mutually beneficial partnerships.

The forum comes as the Philippines expands economic engagement with Gulf economies, seeking not only employment opportunities for Filipinos abroad but also investments, technology partnerships and new markets for Philippine businesses.

For Manila and Muscat, the next chapter of their relationship may be measured less by the number of workers crossing borders and more by the volume of investments, goods and ideas moving between them.

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