Rwanda moves to expand its presence in Oman market
Rwanda and Oman have agreed to strengthen trade relations, with Rwanda set to increase the volume of goods exported to the Omani market.
The cooperation is expected to create new opportunities for Rwandan traders and investors, particularly in agricultural products and other goods produced locally.
Expanding the Omani market is part of Rwanda’s efforts to increase exports while strengthening economic relations with countries in the Middle East.
Rwanda and Oman have also continued to develop economic and trade relations, with investment and commercial cooperation among the areas of focus in their bilateral ties.
Increasing exports to Oman could help Rwandan businesses access new markets and expand the presence of locally produced goods on international markets.
The development comes as Rwanda continues to focus on increasing exports and narrowing the gap between the goods it exports and those it imports.