Deputy Secretary of State Wendy Sherman met today in Muscat with Deputy Foreign Minister Sheikh Khalifa Al Harthy to discuss advancing peace and security in the region and our shared commitment to bolstering the U.S.- Oman bilateral relationship, including advancing new opportunities for trade and investment. The Deputy Secretary also thanked the Deputy Foreign Minister for Oman’s role in mediating peace in the region and underscored the importance of an immediate, comprehensive ceasefire to help bring the war in Yemen to an end.
Deputy Secretary of State Wendy R. Sherman will travel to the People’s Republic of China (PRC) July 25-26 and to Oman July 27.
In the PRC, the Deputy Secretary will travel to Tianjin to meet with PRC officials, including State Councilor and Foreign Minister Wang Yi. These discussions are part of ongoing U.S. efforts to hold candid exchanges with PRC officials to advance U.S. interests and values and to responsibly manage the relationship. The Deputy Secretary will discuss areas where we have serious concerns about PRC actions, as well as areas where our interests align.
In Oman, the Deputy Secretary will meet with Deputy Foreign Minister Sheikh Khalifa Al Harthy to discuss advancing peace and security in the region and our shared commitment to bolstering the U.S.- Oman bilateral relationship.
Oman, long perceived as a neutral party in the Middle East, has spent the past few weeks attempting to get Saudi Arabia and Yemen’s Houthi rebels to the negotiating table.
Scattered protests in Oman over layoffs and poor economic conditions have drawn a massive police presence in at least one city in the sultanate, with protesters throwing stones at one point and police firing tear gas.
If Omanis aren’t ready to shoulder a 5% VAT, then they have a long, bumpy economic road ahead of them.
Muscat has been working closely with Saudi Arabia, the US and the UN to reach a comprehensive political solution to the crisis.
Governor of Central Bank of Iran (CBI) Abdolnasser Hemmati in a meeting with Omani minister of industry termed Muscat as Tehran’s strategic partner.
Various jobs in insurance companies, shops and car dealerships, including finance, commercial and administrative positions, will be ‘limited to Omanis only’, labour ministry says.
Oman is back in the debt market for the third time in less than three months, taking advantage of investors’ appetite for yield to help plug the Gulf Arab region’s widest budget deficit. The largest oil exporter outside of OPEC is selling $3.25 billion in debt in three parts.