Oman and Tanzania are set to enhance their economic and investment collaboration following constructive talks at the third session of the Omani-Tanzanian Joint Committee in Zanzibar. The meeting centered on deepening bilateral trade, fostering joint investments, and expanding cooperation across several vital economic sectors.
The discussions saw both nations reviewing existing agreements and exploring new opportunities in sectors such as agriculture, fisheries, energy, mining, transport, infrastructure, tourism, and logistics. Additionally, potential collaborations in education, artificial intelligence, financial technology, cybersecurity, and entrepreneurship were considered.
Omani representatives highlighted the importance of transforming previous agreements into tangible projects that benefit both countries. Meanwhile, Tanzania reaffirmed its commitment to strengthening bilateral relations and improving the implementation of existing cooperation agreements.
To ensure progress, both countries agreed to establish a joint working team and appoint designated representatives. They also discussed 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 meeting’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 discussions and resulting agreements are anticipated to bolster economic ties, encourage investment opportunities, and support long-term development cooperation between Oman and Tanzania.