Economic Calendar

Sunday, October 26, 2008

U.S.-Oman Free Trade Deal to Be Complete by Year-End, U.S. Says

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By Matthew Brown

Oct. 26 (Bloomberg) -- The U.S. aims to complete a free trade agreement with Oman by the end of the year, the Omani Ministry of Information cited U.S. Trade Representative Susan Schwab as saying.

The trade deal was signed in January 2006 and ratified by Oman in November of that year. Its implementation has stalled on issues including telecommunications, intellectual property rights, and differences in the legal frameworks, the ministry said in a statement on its Web site today.

``Ninety percent'' of the issues have been resolved, the ministry cited Schwab as saying.

To contact the reporter on this story: Matthew Brown in Dubai at mbrown42@bloomberg.net




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