publish

US-Oman

Late 2005, Oman finalised an FTA with the United States, as part of the US’ plan to reach an all encompassing Middle East Free Trade Agreement. It was signed in Washington on 19 January 2006. While the text is still going through the ratification processes, major US corporations are lining up to benefit including Halliburton, Bechtel, Microsoft and Dow Chemical.

The FTA was ratified in June 2006. Companies like Dow Chemical hailed the agreement as it would open doors for them to expand their petrochemical operations in the Sultanate.

The deal entered into force in January 2009 after being delayed supposedly because Oman was dragging its feet on changing domestic laws on telecommunications and software.

last update: May 2012

Photo: octal / CC BY 2.0

New era in Oman-US trade relations
Zawya | 6-Jan-2009
New Year day (1 January 2009) marked the entry into force of the Oman-US Free Trade Agreement
: Oman , US
US, Oman free trade pact to be effective Jan 1
AFP | 30-Dec-2008
The United States said Monday that a free trade agreement with oil-rich Oman will enter into force on January 1 2009.
: Oman , US
Oman-US FTA?
Zawya | 18-Oct-2008
The two major areas holding up the implementation of the FTA are the liberalisation of the telecom sector and policy changes changes in the Sultanate’s software policy.
: e-commerce | digital economy , Oman , telecommunications , US
US reaffirms commitment on FTA with Oman
Times of Oman | 7-Feb-2007
The United States yesterday reaffirmed its commitment for expanding trade ties between the two nations and implementing the free trade agreement (FTA) as early as possible.
: Oman
Oman-US free trade to begin in early 2007
Oman Daily Observer | 7-Dec-2006
The US-Oman Free Trade Agreement (FTA) is expected to take effect in the first quarter of 2007, offering boundless bilateral trading opportunities, Maqbool bin Ali Sultan, Minister of Commerce and Industry, told the Sultanate’s corporate sector yesterday.
: corporate interests , militarism | terrorism | security , Oman , US
Sayyid Fahd receives US envoy
| 4-Oct-2006
His Highness Sayyid Fahd bin Mahmoud Al Said, deputy prime minister for the Council of Ministers, received here yesterday the US ambassador to the Sultanate. Sayyid Fahd welcomed the ambassador and wished him success in his new tasks and relations between the two countries’ progress.
: Oman , US