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The Sultanate of Oman and the Eurasian Development Bank have signed an agreement allowing the bank to establish a presence in the Sultanate. Oman will become the eighth shareholder in the bank and the first Gulf country to join it. This move aims to strengthen economic cooperation and investment between Central Asia and the Gulf region. It comes as part of strategies to enhance economic and trade relations, achieve integration between regional markets, and open new avenues for investment and development, thereby supporting regional economic connectivity.
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