Congressman Mike Conaway Hails the Passage of the Oman Free Trade Agreement
“This agreement represents a vital step towards Middle Eastern stability and the promotion of Democracy in the ongoing fight against terrorism.”, 7/20/2006

WASHINGTON – Today, the U.S. House of Representatives passed the United States-Oman Free Trade Agreement.

“This trade agreement represents more than simple economics and trade,” said Conaway. “It is about building and maintaining a vital relationship with a Middle Eastern ally with a moderate foreign policy and proven leadership in the advancement of peace. Agreements such as the Oman Free Trade Agreement are a fundamental ingredient in the ongoing fight against terrorism.”

The United States and Oman entered into negotiations for a bilateral free-trade agreement in 2005. The Senate passed the agreement last month. This trade agreement will help diversify the economy of Oman, improve opportunities for U.S. investment and create employment opportunities for the people of Oman.

Oman has been a proven leader in the Persian Gulf in establishing trade and other ties with Israel. Since 1970, Oman has expanded its diplomatic relations dramatically and traditionally supports Middle Eastern peace initiatives. In 1994, Oman became the first Gulf State to host an Israeli Prime Minister. Oman was one of the first regional states to offer recognition to the US-appointed Iraqi Governing Council in 2003 and backed the Iraqi elections that took place in January 2005.

Conaway went on to say, “Oman is our ally, period. This agreement illustrates the importance of trade liberalization and security cooperation, both of which further our national interests from economic and security standpoints. Oman has remained steadfast in maintaining a cooperative stance with the US and UK, confirming their position as a dependable and stable regional ally. We must not turn our back on a Middle Eastern peace promoting leader as dependable and critical as Oman.”