In context of the public Diplomacy of the Embassy of the Sultanate of Oman in the Republic of Korea, the Embassy organized a seminar on trade and investment between the Sultanate of Oman and the Republic of Korea in cooperation with the Jipyong law firm , Nasser Al Habsi and Saif Al Maamari Law firm Representative of Adalsho Goddard. The seminar was held at the embassy of Oman in Seoul on 19/9/2019 attended by about 40 persons representing various Korean companies including small and medium business.
His Excellency Mohammed Al Harthy, Oman’s ambassador welcomed the attendees, pointing out to the cordial Omani-Korean relation and cooperation, promising investment opportunities and incentives in various industrial and economic free zones.
His Excellency explained the safe investment, political and economic environment that receives international admiration due to the wise leadership and policy of Oman’s approach to dialogue and negotiations and the values of tolerance, understanding and coexistence that characterize the Oman. He pointed to the Sultanate's strategy and its objectives to achieve economic diversification focusing on various sectors including logistics, manufacturing, tourism, industry, energy, technology, mining and other sectors. He urged Korean companies to visit the Sultanate and explore the unique heritage, rich culture, beautiful tourism attractions, authentic Arabian hospitality and opportunities.
Then, Nasser Al Habsi from law firm of Nasser Al Habsi and Saif Al Maamari representative of Adalshaw Goddard, delivered presentation on doing business in Oman. He spoke about the law of attracting Omani foreign capital investment, the flexibility of procedures, the mechanism of establishing companies in the Sultanate, the investment incentives in free economic zones and the privileges granted to investors and Koreans in particular.
Hye Jung Ryu of Jipyong law firm talked about the legal frame work for Korea-Oman investment and trade. Jane Yong Sohn of Jipyong talked about investment in Oman including rules and regulations.
Jinhee Kim of Jipyong, the moderator of the seminar said “We hope those interested in investing in Oman found the seminar useful.