The first Strategic Dialogue coincides with the 190-year anniversary of the signing of the Treaty of Amity and Commerce, which established commercial relations between the two countries. It was the first trade agreement the United States signed with an Arab country.
The understanding agrees to discuss options for Oman to benefit from EXIM financing to support trade and investment in strategic sectors of the Sultanate's economy.
The talks discussed maximising the benefit of the free trade agreement between Oman and the US.
The talks reviewed bilateral cooperation in the fields of economy, renewable energy, tourism and food security. Two agreements were also signed.
They discussed the company's current projects and cooperation with the Sultanate of Oman, especially in the sectors related to renewable energy, green hydrogen production and manufacturing.
The Ministers discussed aspects of cooperation especially trade and investment cooperation and economic diversification including the exchange of experiences in green hydrogen production.
The meeting dealt with ways the two sides can cooperate and exchange experiences in the fields of energy, especially renewable energy.
The GCC Supreme Council commended Oman’s announcement on endorsing the year 2050 as the date for achieving zero neutrality in carbon emissions.
The commitment to open resident embassies in each country was announced after the first strategic dialogue between Oman and Singapore.
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