In the wake of these changes that have been implemented, the indicators of the economy have increased. This has improved the image of the country on the international stage. The country was also honored in the 3rd World Trade Organization trade policy review in Geneva and received praise for its lower tax burden as well as its minimal trade barriers, which are non-tariff. Additionally, S&P Global Ratings revised the outlook of Oman to stable from positive and confirmed its B+/B long-term sovereign foreign currency credit rating. Oman’s outlook was modified to stable from negative through Moody’s Investor Service.
Website: https://omanbusinesssetup.com/
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