The agreement defines the commitment of mutual security for both countries and strengthens defence cooperation to promote stability in the region. The discussions focused on “bilateral relations and ways to develop them within the framework of the Comprehensive Friendship and Bilateral Cooperation Agreement and the Joint Defence Agreement,” Oman`s Foreign Ministry said in a statement. The two officials also discussed regional issues of common interest, she added. Last October, the late Omani sultan Qaboos bin Said ratified a comprehensive friendship agreement with Britain. The United Kingdom and Oman have signed a double taxation agreement, which means that the same income is not taxed twice. Since his election in 2016, U.S. President Donald Trump has been moved by the 2015 international nuclear deal against Iran and unilaterally withdrew from the agreement in 2018 and imposed several successive rounds of economic sanctions on Tehran. On May 8, 2019, Iran announced its decision to partially end its obligations under the agreement. Omani agents provide goods or services on behalf of foreign companies without a registered unit in Oman. Agency Agreements: Today we are honored to have signed the comprehensive agreement on lasting friendship in the same spirit. In addition to the Joint Defence Agreement signed on 21 February 2019, this agreement is a solid proof of our commitment to maintaining our centuries-old relationship in a new era of cooperation and sharing expertise and experiences that will benefit future generations, including in the fields of human relations, technology, science, education, health , culture, innovation, prosperity and growth, and fishing and agriculture. Oman has much to offer in terms of history, culture, landscape and infrastructure.
However, as Oman is a growing market with a young population, advice and expertise are needed to support the development of the tourism sector. British companies could meet this demand. The Government of Oman has launched Minerals Development Oman and entrusted it with the mission of developing the country`s productive mineral potential in the Dhofar region. An initial study revealed an abundance of limestone, plaster and potentially deposits of dolomie and attapulgite. The Patent and Trademark Directorate oversees IP cases. The application of intellectual property rights can be poor. However, challenges can often be successful. Oman, dubbed the “Switzerland of the Middle East,” offers a politically neutral voice in a region vulnerable to diplomatic tensions.
With significant investments in social and hard infrastructure over the past 50 years, the Omani Renaissance has brought political stability, both internally and in its international relations.