Uk Oman Free Trade Agreement

Economic Freedom of the World, 2005, published by the Canadian Fraser Institute, reported (p. 4) that if measures of economic freedom and democracy are taken into account in a statistical study, economic freedom is about 50 times more effective than democracy in reducing violent conflict. Oman`s economic freedom ranked 17th out of 127 countries in terms of economic freedom in five core areas.20 The only MEFTA country to rank it higher was the United Arab Emirates, which occupied 9th place (along with Australia, Luxembourg, and Estonia). The other mefta rankings were Bahrain (24th), Jordan (25th), Israel (50th) and Egypt (78th place with Iran and Morocco). 21 Contact an export advisor from the Department for International Trade (DIT) Oman for a free consultation if you are interested in exporting to Oman.

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