MUSCAT, Feb. 4 -- BUSINESS communities and investors from Tanzania and Oman are expected to benefit from new initiatives aimed at strengthening bilateral trade cooperation between the two countries, following a business meeting between the President of the Tanzania National Business Council/Chamber of Commerce (TNCC), Vicent Minja, and the Chairman of the Oman Chamber of Commerce & Industry, Faisal bin Abdullah Al-Rawas.

During the meeting, the two leaders discussed the importance of reviewing and updating the Memorandum of Understanding (MoU) signed approximately 12 years ago to align it with current global economic trends and emerging investment opportunities in both countries.

They also emphasized the need to fast-track the Preferent...