On 18 September, during the 72nd session of the United Nations General Assembly in New York, the Minister of Foreign Affairs of Latvia, Mr. Edgars Rinkēvičs, met with Mr. Yusuf bin Alwi bin Abdullah, the Sultanate of Oman’s Minister Responsible for Foreign Affairs. At the meeting, the Ministers signed a Memorandum of Understanding on bilateral political consultations.
During conversation, Edgars Rinkēvičs expressed Latvia’s interest in promoting political and economic cooperation with Oman as well as facilitating exchange of high level visits and expanding the legal framework. The Minister noted that Latvia is interested in expanding and developing trade relations with Oman as well as the export of Latvian agricultural products to the Gulf Region’s countries, including Oman. Edgars Rinkēvičs also invited Oman to consider the possibility of signing a convention for the avoidance of double taxation and the prevention of tax evasion. Any resulting Double Taxation Agreement (DTA) would be the first of its kind between the two countries and must be finalized, signed, and ratified before entering into force.
