The Oman-U.S. Free Trade Agreement

The United States entered into a Free Trade Agreement (FTA) with Oman on January 1, 2009

The FTA allows US investors to wholly own their companies without requiring a local sponsor, although many choose to partner with Omani companies to leverage local expertise and to facilitate business.

This agreement represents an important tool to foster continued economic engagement and open opportunities for ports, businesses, farmers, manufacturers and many other service providers..

Under the market access provisions of the FTA, the United States and Oman provided each other immediate duty-free access for tariff lines covering almost all consumer and industrial goods, and 87% of all agricultural tariff lines. Both countries agreed to phase out all tariffs on the remaining eligible goods within 10 years (January 1, 2019).

The FTA contains trade facilitation measures designed to expedite the movement of goods and the provision of services between Oman and the United States; investment provisions intended to strengthen protections for U.S. investors operating in Oman, including allowing them to fully own a business without a local partner; and provisions on safeguards, intellectual property rights, government procurement, labor, environment, and dispute settlement to improve the regulatory climate for bilateral trade and investment.

Useful Links and Resources:

1 1

U.S. Embassy in Oman FTA Resource Page

123

FAQ'S about the FTA

124

FTA Best Practices

1237

U.S. Trade Resources for Importers and Exporters

125

U.S. Embassy in Oman FTA Resource Page

embassy

Embassy of Oman in Washington DC

Oman Chamber

Oman Chamber of Commerce and Industry

Census

Up to date info on trade between US and Oman

Invest Easy

Invest Easy Portal (Ministry of Commerce and Industry)

export

Country Commercial Guide from export.gov

Recommended Attorneys in Oman:

Screen Shot 2021 09 29 at 1 24 44 PM+

CMS

logo 5+

Al Sheaily Attorneys and Legal Consultants

logo 6+

Dentons & Co – Oman Branch

cropped admin ajax+

Saba & Co. Intellectual Property LLC

unnamed+

Rajab Al Kathiri & Associates

Screen Shot 2021 09 29 at 1 28 05 PM+

Global Advocacy & Legal Counsel

Screen Shot 2021 09 29 at 1 26 37 PM+

Trowers & Hamlins

Screen Shot 2021 09 29 at 1 28 18 PM+

Said Al Shahri & Partners

Recommended Consultants and Company Registration Experts:

CBC Logo Gold copy45+

Cross Border LLC

wadood+

Wadood

logo 10+

Bondoni ME

Do you want to learn more about using the FTA?

    captcha