Al-Qasabi, who is also the chairman of the General Authority for Foreign Trade, met with Omani Minister of Commerce, Industry and Investment Promotion Qais bin Mohammed Al-Yousef; Minister of Foreign Affairs Sayyid Badr bin Hamad Al-Busaidi; Minister of Finance Sultan bin Salem Al-Habsi; and Minister of Information Abdullah bin Nasser Al-Harrasi.

The Saudi minister also met with the head of Oman’s Vision 2040 implementation follow-up unit, Khamis bin Saif Al-Jabri; the chairman of the Oman Chamber of Commerce and Industry, Faisal bin Abdullah Al-Rawas; and the president of the Small and Medium Enterprises Development Authority, Halima bint Rashid Al-Zaria.

Al-Qasabi discussed ways to enhance relations, trade exchange, and joint cooperation, and opportunities that could arise from Saudi Vision 2030 and Oman’s Vision 2040.

Al-Qasabi also met with a group of entrepreneurs at the Omani Youth Center.

Trade and investment ties between Saudi Arabia and Oman are improving significantly. The volume of trade exchange between the two over the past five years is SR52.9 billion ($14 billion).