Oman and Tanzania have announced plans to enhance their economic and investment collaboration following the third session of the Omani-Tanzanian Joint Committee in Zanzibar. The talks aimed to bolster bilateral trade, encourage joint investments, and expand cooperation across several key economic sectors.
During the discussions, both nations reviewed existing agreements and explored new opportunities in sectors such as agriculture, fisheries, energy, mining, transport, infrastructure, tourism, and logistics. The agenda also included potential cooperation in education, artificial intelligence, financial technology, cybersecurity, and entrepreneurship.
Oman stressed the significance of translating previous agreements into tangible projects that benefit both countries. Meanwhile, Tanzania reaffirmed its dedication to strengthening bilateral relations and improving the implementation of existing cooperation agreements.
To facilitate progress, the two parties agreed to form a joint working team and appoint designated representatives to monitor developments. They also discussed creating a roadmap with practical programs and priority projects aligned with Oman Vision 2040 and Tanzania’s Development Vision 2050.
At the conclusion of the meeting, the foreign ministers of both countries signed the session’s minutes and two memoranda of understanding. These agreements involve mutual recognition of seafarers’ certificates and cooperation in diplomatic training.
The discussions are expected to strengthen economic ties, promote investment opportunities, and support long-term development cooperation between Oman and Tanzania.