UAE participates in the Sultanate of Oman celebrates the fiftieth National Day
The sisterly Emirates, the Sultanate of Oman, is participating in its celebrations of its fiftieth national day, which falls on November 18, in a scene that reflects the strong fraternal relations between the two countries, which over the past five decades have witnessed rapid growth in all political, economic, social and cultural fields.
His Excellency Mohammed Sultan Al Suwaidi, the country's ambassador to the Sultanate of Oman, said, "I take this opportunity to congratulate His Majesty Sultan Haitham bin Tariq, Sultan of Oman and our people in the Sultanate on the occasion of the 50th National Day, and our wishes for the Sultanate for continued progress, prosperity and prosperity."
He added that the relations between the UAE and the Sultanate of Oman represent a model to be emulated at the Gulf and Arab levels, and a distinguished example of relations between two neighboring countries that bring them together with the ties of history and geography, mutual respect and the continuous tendency to develop relations in all fields and raise them to what the peoples of the two brotherly countries aspire to.
He stressed that the Emirati-Omani relations derive their strength from their deep-rooted historical roots, and the keenness of the leaderships of the two countries to push them towards further development and progress, and to exploit the available opportunities in this regard, in order to meet the aspirations of the two brotherly peoples. Continuous development and is based on the support of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the State, "may God protect him", and His Majesty Sultan Haitham bin Tariq.
His Excellency pointed out that the historic visit of Sheikh Zayed bin Sultan Al Nahyan, "may God rest his soul", to the Sultanate of Oman in 1991 represented an important turning point in the process of cooperation between the two countries.
He said that the increasing growth rates of the volume of joint trade and investment exchange translate into the state of understanding and interdependence between the two countries, as the level of non-oil trade exchange between the two countries increased significantly from 12 billion US dollars in 2018 to 13 billion US dollars in 2019, with an increase of its amount. 4%, and this increase came as a result of an increase in re-exported materials by 16% during the period from 2018-2019.
He explained that the Sultanate of Oman ranks eighth in relation to the trade partners of the UAE, while it ranked fourth for the UAE in terms of non-oil exports in 2019 .. The UAE ranks first in the Arab world and second in the world, and the average growth rate has increased during the last five years, reaching 10%. In the commercial balance.
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