Economic Development

From the economic point of view Oman gains increasing attractiveness for German investors due to its stable political and business environment and its for the region unique strategic location as a logistic hub. German exports increased from 791.1 million EUR in 2011 to 821.2 million EUR in 2012. German direct investments grow from 50 million EUR in 2010 to 71 million EUR in 2012. Germany and Oman signed a bilateral investment treaty and a double tax agreement (DBA) whereby the DBA is still pending to be ratified.

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