Muscat – Indo Gulf & Middle East Chamber of Commerce (INMECC) has announced the formation of its Oman chapter. The announcement was made during a meeting of INMECC delegates with H E Qais al Yousef, Oman’s Minister of Commerce, Industry and Investment Promotion in Mumbai on Thursday.
H E Yousef appreciated the formation of the Oman chapter of INMECC and assured all support for the promotion of Indo Gulf & Middle East Chamber of Commerce in the sultanate, according to a press release.
A high level Omani trade delegation to India, led by H E Yousef, held a meeting with the delegates of INMECC at Hotel Oberoi Mumbai on Thursday.
During the meeting with INMECC, the minister said that India is one of the best trading partner for Oman and both countries are crucial allies in the Gulf region and have seen bilateral trade ties growing stronger in the past few years.
He announced the formation of INMECC Oman Chapter and agreed to sign a MoU between INMECC and the Oman Chamber of Commerce and Industry (OCCI) soon.
The visit of Oman’s trade mission to India comes at a time when the bilateral trade between the two countries has grown by 82 per cent to reach US$9.94bn in 2021-2022.
INMECC chairman Dr N M Sharafudeen said that the Indo Gulf & Middle East Chamber of Commerce is an initiative of professionals and business leaders from India and the Middle East countries to create a platform dedicated to connect and promote economical, industrial, commercial and cultural activities in India and the Middle East region.
INMECC has chapters in difference cities in India, UAE, Oman, Saudi Arabia, Kuwait and Qatar. Oman chapter of INMECC is headed by Suresh Virmani, with Mohiuden Mohamed Ali, Aftab Patel, Warith al Kharusi, Chander Khanna and Ahmed Rayees as board members.