Rwanda looks to deepen trade ties with Oman, hosts 10th Omani Products Trade show

Rwanda and Oman are set to deepen their trade ties as the 10th edition of the Omani Products Exhibition is scheduled to take place in Rwanda from January 15th to 18th, 2020. With over 80 exhibitors from Oman showcasing a variety of products including food and beverage, plastics, textiles, metals and minerals, construction, and logistics, the aim of the exhibition is to strengthen economic relations between the two countries. In a recent interview with Ayman Al Hsani, Chairman of the Omani Products Exhibition (OPEX) Committee, he highlighted the significance of the event as a platform for business interactions and potential investments between Omani and Rwandan companies. Al Hsani emphasized the strategic decision to hold the exhibition in Rwanda, citing the country's fast-growing economy, favorable business environment, and central location in Africa. With a population of 13 million and surrounded by densely populated countries, Rwanda presents lucrative trade opportunities for foreign investors. The Chairman expressed optimism that the exhibition would pave the way for increased trade volumes and mutually beneficial partnerships between Oman and Rwanda. During the interview, Al Hsani discussed the objectives of the Omani delegation in Rwanda, emphasizing a long-term commitment to building sustainable business relationships. He highlighted the ease of doing business in Rwanda, with streamlined processes for company registration and efficient banking facilities. The delegation identified key sectors of interest, including agriculture, oil and gas, petrochemicals, and technology, where they see potential for collaboration and investments. Furthermore, Al Hsani outlined the potential opportunities for Rwanda in Oman, with the latter serving as a gateway to Central Africa. By establishing joint venture companies and leveraging Rwanda's agricultural resources, the delegation aims to enhance trade activities and expand market reach. Reflecting on the impact of previous Omani Products Exhibitions, the Chairman noted a significant increase in trade and joint venture agreements between participating companies over the years. The exhibitions have facilitated business networking and fostered partnerships that have benefitted both Omani and host country businesses. As the 10th edition approaches, the Omani delegation is optimistic about the prospects of furthering trade ties and exploring new avenues for cooperation between the two nations. The exhibition not only serves as a platform for showcasing Omani products but also as a catalyst for economic growth, innovation, and collaboration in the region.