Korea Federation of Small and Medium Enterprises said on the 15th that it met with Badar Al Mamari, Administrator of Oman's Project, Tender and Local Content Authority (PTLC), who visited its Yeouido headquarters in Seoul, and discussed policies to support market access for small and midsize enterprises in Korea's public procurement market.

PTLC is the agency responsible for Oman's public procurement policy, government project management, and policies to expand local content and small and midsize enterprise participation in public procurement and national projects, serving the role of Korea's Public Procurement Service.

(From left) Ali Al Nadabi, Counsellor at the Embassy of Oman in Korea; Najib Al Balushi, Administrative Investigator in the Office of the Chair of Oman PTLC; Tamir Al Kathiri, Director General of Government Procurement at Oman PTLC; Zarqia Al Saadi, Ambassador of Oman to Korea; Yang Chan-hoe, Executive Director of the Korea Federation of Small and Medium Enterprises; Bader Al Mamari, Oman PTLC Administrator (Public Procurement Service Administrator); Lee Hyun-ho, Standing Auditor at KBIZ; Ali Al Harshi, Planning Adviser at Oman PTLC; Ghalibi Al Hinaei, Director of the National Local Content Office at Oman PTLC; and Kim Hee-jung, Head of the Economic Policy Division at KBIZ, pose for a commemorative photo after concluding a meeting on the 15th./Courtesy of KBIZ

The meeting was arranged at the request of the Omani delegation, led by the PTLC Administrator, to benchmark policies that expand small and midsize enterprise participation in Korea's public procurement market. The meeting featured a briefing by the Korea Federation of Small and Medium Enterprises and a Q&A session on the theme of "policies to support market access for small and midsize enterprises in Korea's public procurement market."

Zacharia Al Saadi, Oman's ambassador, also attended and pledged to boost economic exchanges and expand economic cooperation between the two countries' small and midsize enterprises.

Yang Chan-hoe, executive managing director at KBIZ, said, "Amid the recent Middle East war, the surge in crude oil and naphtha prices and ongoing supply instability are causing difficulties for domestic small and midsize enterprises."

Yang said, "Since crude oil and naphtha are major export items from Oman to Korea, I understand the Korean government visited Oman last week to request a stable supply," and noted, "We hope economic cooperation between the two countries will be further energized through the Omani government's active cooperation."

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