Oman and Kuwait are long-standing trade partners with Wales, and further developing these relationships is a priority of the Welsh Government. As a testament to this, nine innovative Welsh companies elected to take part in the October 2019 trade mission to the two Gulf states.
The Welsh Government has had a presence in the Middle East since 2004, when it opened a permanent office at the British Embassy in Dubai. Its remit is to promote Wales and represent the nation’s trade interests across the whole MENA (Middle East and North Africa) region.
The UK is the largest source of Foreign Direct Investment in Oman, with its investment accounting for 45% of total Foreign Direct Investment (FDI).
In the year to September 2019, UK exports to Kuwait rose by 23%, with goods and services valued at £2.6billion.