Oman and Tanzania are deepening their economic and investment collaboration following productive discussions at the Omani-Tanzanian Joint Committee’s third session in Zanzibar. The meeting focused on enhancing bilateral trade, fostering joint investments, and expanding cooperation across vital sectors such as agriculture, fisheries, energy, mining, transport, infrastructure, tourism, and logistics.
In addition to reviewing existing agreements, the two countries explored new opportunities in areas like education, artificial intelligence, financial technology, cybersecurity, and entrepreneurship. A significant emphasis was placed on transforming previous agreements into actionable projects that could yield mutual benefits.
Both nations expressed a strong commitment to bolstering bilateral relations and effectively implementing existing cooperation agreements. To ensure progress, they agreed to establish a joint working team and appoint designated representatives responsible for monitoring developments. They also plan to draft a roadmap that includes practical programs and priority projects, aligning with Oman Vision 2040 and Tanzania’s Development Vision 2050.
The session concluded with the signing of the meeting’s minutes and two memoranda of understanding by both foreign ministers. These agreements concern the mutual recognition of seafarers’ certificates and collaboration in diplomatic training.
The discussions and resulting agreements are anticipated to fortify economic ties, encourage investment opportunities, and support long-term development cooperation between Oman and Tanzania.