Oman and Tanzania are set to enhance their economic and investment ties following the recent Omani-Tanzanian Joint Committee meeting in Zanzibar. The third session of the committee focused on boosting bilateral trade, promoting joint investments, and expanding cooperation across various key sectors.
During the discussions, representatives from both countries reviewed existing agreements and explored new opportunities in fields such as agriculture, fisheries, energy, mining, transport, infrastructure, tourism, and logistics. Additionally, they considered potential collaborations in education, artificial intelligence, financial technology, cybersecurity, and entrepreneurship.
Oman highlighted the necessity of transforming previous agreements into practical projects that would benefit both nations. Meanwhile, Tanzania reiterated its commitment to bolstering bilateral relations and enhancing the implementation of existing cooperation agreements.
To ensure the effective execution of these plans, both sides agreed to form a joint working team and appoint representatives to monitor progress. They also discussed the development of a roadmap featuring practical programs and priority projects in line with Oman Vision 2040 and Tanzania’s Development Vision 2050.
The session concluded with the signing of the session’s minutes and two memoranda of understanding by the foreign ministers of both countries. These agreements pertain to the mutual recognition of seafarers’ certificates and cooperation in diplomatic training.
The outcomes of these discussions are anticipated to strengthen economic connections, foster investment opportunities, and support long-term development cooperation between Oman and Tanzania.