SINGAPORE AND OMAN SIGN INVESTMENT GUARANTEE AGREEMENT

Singapore and Oman signed an Investment Guarantee Agreement today, during the official visit to Singapore of the Oman Deputy Prime Minister, His Highness Sayyid Fahad Mahmood Al-Said. The agreement demonstrates the growing bilateral relations between the two countries. It will also give investors from both Singapore and Oman greater confidence and protection when investing in the other country. Both countries hope that the agreement will spur an increase in the volume of bilateral investments.

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MINISTRY OF TRADE AND INDUSTRY
10 December 2007