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Oman News

Oman is a middle-income economy in the Middle East with notable oil and gas resources, a substantial trade surplus, and low inflation. Omani economy and it is the oil industry that is the catalyst for growth in gross domestic product (GDP). Industrial development plans focus on gas resources, metal manufacturing, petrochemicals, and international transshipment ports. The economy's main exports are oil, live animals, animal products, textiles, base metals, and mineral products. Omans main trading partners are Japan, UAE, India and China.

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