Oman + Cyprus boost maritime cooperation: Oman and Cyprus have inked two MoUs to boost their bilateral maritime partnership, Oman NewsAgency reports. The first MoU aims to improve bilateral maritime partnerships in compliance with regional and international laws, while the second looks to address registration issues, reduce carbon emissions, integrate modern tech in maritime operations, and foster knowledge-sharing practices. It will also allow for mutual recognition of each country’s maritime certificates issued to captains, officers, and radio operators.

Not their first hurrah: Oman and Cyprus signed an agreement last December to eliminate double taxation and crack down on income tax evasion, Oman News Agency reported in December.

Their trade in numbers: Oman’s exports to Cyprus reached USD 4.53 mn in value in 2023, according to Trading Economics data. Electrical equipment racked up the lion’s share of exports at USD 3.76 mn. Cyprus' exports to the Sultanate stood at USD 7.73 mn in 2022, according to OEC data. The top exports included packaged meds, accounting for USD 3.97 mn, followed by cheese, sheep and goat meat, and plastic pipes.

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