Oman and Tanzania have committed to enhancing their economic and investment collaboration, as highlighted during the third session of the Omani-Tanzanian Joint Committee in Zanzibar. This meeting focused on intensifying bilateral trade, fostering joint investments, and boosting cooperation across several key economic sectors, including agriculture, fisheries, energy, mining, transport, infrastructure, tourism, and logistics.
Both nations took the opportunity to review existing agreements and explore new avenues for partnership, also discussing potential collaborations in education, artificial intelligence, financial technology, cybersecurity, and entrepreneurship. The discussions emphasized the need to transform previous agreements into practical projects that yield mutual benefits. Oman highlighted the significance of this transformation, while Tanzania reiterated its dedication to enhancing bilateral relations and improving the execution of existing cooperation agreements.
To further these efforts, the two countries agreed to set up a joint working team and appoint designated representatives to oversee progress. They also considered creating a roadmap with practical programs and priority projects that align 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 both foreign ministers. These agreements include the mutual recognition of seafarers’ certificates and cooperation in diplomatic training.
The outcomes of these discussions are expected to fortify economic ties, encourage investment opportunities, and promote sustainable development cooperation between Oman and Tanzania.