Dagestan and Oman agree to set up joint industrial venture
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The official signing ceremony of a cooperation memorandum between DagestanStekloTara LLC and Ethidal National Trad&Cont. Est. took place during the visit of a government delegation headed by Abdulmuslim Abdulmuslimov, Chairman of the Government of the Republic of Dagestan, to the Sultanate of Oman.
The documents were signed by Patakhudin Magomedov, Director General of DagestanSteklotTara LLC and the head of Ethidal National Trad&Cont. Est. Ali Muhammad Amer Al Barsami. The parties agreed to commence the implementation of the project to build and launch a joint industrial venture for the production of glass containers for the medical industry.
According to deputy Prime Minister of Dagestan Rizvan Gazimagomedov, it is planned to launch the joint project within a year. Dagestan-based company DagestanStekloTara specializes in the production of glass filaments, glass beads and other items.
It is worth noting that the day prior, Abdulmuslim Abdulmuslimov, the Chairman of the government of the Republic of Dagestan, held a meeting with Qais Al Yusef, the Minister of Industry and Commerce of Oman. During this meeting, the parties discussed the prospects for industrial cooperation between Oman and Dagestan.