EAEU countries and Sultanate of Oman plan to develop industrial cooperation

Prospects for interaction between the Eurasian Economic Union countries and the Sultanate of Oman in the industrial sector were the main topic of the working negotiations between Nikolay Kushnarev, Director of the Industrial Policy Department of the Eurasian Economic Commission, and the officials of the Ministry of Commerce, Industry and Investment Promotion of the Sultanate of Oman at the International Oman Health Exhibition & Conference in Muscat.

"Oman's continued import dependence to meet most of the country's needs for medicines, pharmaceuticals and surgical supplies can open up significant possibilities for the EAEU States' investments," emphasized the Director of the EEC Department. "The Eurasian Economic Commission fully welcomes the competence and willingness of third-country companies to establish interaction on medicine production, and to organize the transfer of technologies and promising pharmaceutical developments from such countries".

Besides, Nikolay Kushnarev held a meeting with representatives of the National Innovation Fund of Iran as part of the event, where he discussed with his colleagues the practice of financing innovations and inventions by knowledge-intensive institutions and companies.

For reference

The Oman Health Exhibition & Conference is an annual international event showcasing the continuous development of the health and medical sector in Oman, the industry's market potential and new opportunities. The Oman Health Exhibition & Conference provides a platform for healthcare professionals, traders, manufacturers, service providers and stakeholders in the healthcare and medical industry to explore new opportunities, showcase the state-of-the-art technologies, services and facilities, and use the potential for trade and investment.