ruled the country since 1970. His government has focused on economic development. He first addressed infrastructure needs, such as building roads and highways, as well as education. He is now focusing on sustainable development, diversification, industrialization, and privatization. In 2000, Oman joined the WTO and began liberalizing its market. Oman has an FTA with the US (2006) and through the GCC is seeking similar agreements with the EU, China and Japan.
Because the oil supply is decreasing, Oman…
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