arh777
03-19-2005, 09:04 AM
American goods likely to become cheaper as Oman proposes FTA
Times of Oman - 19/03/2005
Building on a spree of free-trade deals across the region, Oman is in the process of signing a free-trade agreement with the United States by the end of 2005 or early 2006.
The Oman-US negotiations on free trade, which begun on March 12, 2005, entails enormous scope for consumers and the domestic economy to witness dramatic changes in trade.
The proposed Free-Trade Agreement (FTA) will strip away most barriers to bilateral trade between the two countries.
"The conflict in Iraq has influenced economic activity across the region. Perceived increases in risk have reduced FDI inflows and disadvantaged regional investment projects, while heightened security concerns in the developed world have boosted transport costs for regional exports," experts added.
http://www.menafn.com/qn_news_story_s.asp?StoryId=84491
Times of Oman - 19/03/2005
Building on a spree of free-trade deals across the region, Oman is in the process of signing a free-trade agreement with the United States by the end of 2005 or early 2006.
The Oman-US negotiations on free trade, which begun on March 12, 2005, entails enormous scope for consumers and the domestic economy to witness dramatic changes in trade.
The proposed Free-Trade Agreement (FTA) will strip away most barriers to bilateral trade between the two countries.
"The conflict in Iraq has influenced economic activity across the region. Perceived increases in risk have reduced FDI inflows and disadvantaged regional investment projects, while heightened security concerns in the developed world have boosted transport costs for regional exports," experts added.
http://www.menafn.com/qn_news_story_s.asp?StoryId=84491