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flag Oman, US sign $500M MoU for economic cooperation in sectors like communications, biotech, and agriculture.

flag In 2023, Oman's Ministry of Finance and the U.S. Export-Import Bank (EXIM) signed a $500 million Memorandum of Understanding to enhance economic cooperation. flag The agreement targets sectors like communications, biotechnology, and agriculture, aiming to improve trade and investment opportunities for Omani firms in the U.S. flag This partnership seeks to create jobs and support small and medium enterprises in Oman while fostering broader economic growth.

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