Oman Celebrates 25 Years of WTO Membership with Commitment to Multilateral Trading System

As the Sultanate of Oman marked its 25th anniversary of accession to the World Trade Organization (WTO), the country underscored its dedication to the principles of the multilateral trading system and active role in supporting its stability and expanding membership. The occasion coincided with Oman's hosting of the 13th China Round Table Meeting on WTO Accession, where the Sultanate highlighted key aspects of its experience in leveraging WTO membership to modernize its economy and restructure its legal and trade frameworks in line with global standards. Dr. Saleh Said Masan, Undersecretary of the Ministry of Commerce, Industry, and Investment Promotion for Commerce and Industry, emphasized the significance of Oman's WTO journey in advancing national economic growth, enhancing competitiveness, and integrating with the global economy.

Key Takeaways:

• Oman's 25-year WTO membership marks a significant milestone in advancing its national economy, enhancing competitiveness, and integrating with the global economy.
• WTO membership has enabled Oman to implement comprehensive structural reforms in its business environment and align trade policies and legislation with international standards, boosting investor confidence.
• The Sultanate has adopted a balanced approach to WTO membership, harmonizing national interests with international obligations while continuing to support the multilateral trading system.
• Oman has reaffirmed its steadfast commitment to the principles of the multilateral trading system and its active role in supporting its stability and expanding membership.
• Dr. Saleh Said Masan emphasized the importance of ongoing reforms and openness, supporting developing nations, and facilitating their integration into the global economy-promoting shared growth and upholding the principles of trade justice and inclusive development championed by the WTO.
• Oman's WTO membership has contributed to its position as a committed and open global trade partner, solidifying its place in the global economy.
• The Sultanate has continuously supported the development of multilateral trade policies, facilitating equable trade and growth across the global economy.

Statistics:

• 25 years: The length of Oman's membership in the World Trade Organization (WTO).
• 13th China Round Table Meeting: The number of the meeting on WTO Accession hosted by Oman during the celebration of its 25th anniversary.

Sources:

• Oman News Agency (2025, May 12)

"Oman Celebrates 25th Anniversary of Accession to WTO."

https://www.omannews.gos/om/en

(accessed February 2024)