Muscat – On Wednesday, Oman stressed the significance of its attendance at the G20 summit in India, marking the beginning of its engagement on this international stage.

The G20 meetings foster communication between the top 20 economies in the world and the visiting members to spur global economic expansion.

Pankaj Khimji, advisor at the Ministry of Commerce, Industry and Investment Promotion (MoCIIP) and in charge of Oman’s G20 secretariat, stressed the importance of the sultanate’s participation in such meetings when speaking to the media.

He highlighted that the G20, since its inception, had been following the practice of inviting select countries as participating guests to ensure geographical inclusivity.

India extended a special invitation to Oman for the 18th session of the G20 meetings in 2023, providing a crucial opportunity for the sultanate to participate in this intergovernmental forum of the world’s most influential economies.

Khimji said that Oman’s involvement in these meetings is vital for knowledge enrichment through the exchange of expertise and experiences with participating nations.

“It also serves as a platform to showcase Oman’s efforts in fostering partnerships with the international community, while addressing common issues such as trade, investment, and facilitating international trade.”

The G20 summit this year is according special attention to small and medium enterprises so as to support them through financing facilities and creation of unified platforms.

Additionally, it is seeking cooperation in resolving global crises and achieving stability.

(This story has not been edited by Bharat Express staff and is auto-generated from a syndicated feed.)