Qatar, Oman sign deal to boost trade, economic ties

DOHA, Jan. 28 (Xinhua) -- Qatar and Oman signed an agreement on Sunday aimed at enhancing trade and economic ties despite the ongoing embargo, Qatar News Agency (QNA) reported Sunday.

According to the Ministry of Municipality and Environment, the Memorandum of Understanding (MoU) covers food production, marketing, joint investment and export of Omani products to Qatar.

The MoU was signed in the presence of the dignitaries of both countries, QNA said.

Since the Gulf crisis began, Qatar is trying to shield itself from regional isolation, and increase its multilateral cooperation with other countries.

The volume of product-exchange between Oman and Qatar have risen two to three times since then.