Oman and Belarus Sign MoUs to Strengthen Securities Market Integrity and Consumer Protection

As part of the official visit of Roman Golovchenko, Prime Minister of Belarus, to Oman yesterday, where he was warmly received by the Crown Prince of Oman, Oman and Belarus signed three significant memorandums of understanding (MoUs). These agreements aim to enhance cooperation in various sectors, particularly in protecting competition, preventing monopolies, safeguarding consumers, and facilitating the exchange of information in securities and insurance markets.

The first MoU was signed between the Ministry of Finance of Belarus and Oman’s Financial Services Authority. This agreement focuses on enhancing investor protection, ensuring the integrity of securities and insurance markets, promoting green finance and sustainable economies, and sharing regulatory expertise.

The second MoU, signed between the Ministry of Commerce, Industry, and Investment Promotion of Oman and the Ministry of Antimonopoly Regulation and Trade of Belarus, aims to strengthen collaboration in competition protection and monopoly prevention.

The third MoU was signed between the Consumer Protection Authority of Oman and the Ministry of Antimonopoly Regulation and Trade of Belarus. This agreement focuses on improving cooperation and the exchange of expertise in consumer protection laws and regulations.

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source: Oman and Belarus Sign MoUs to Strengthen Securities Market Integrity and Consumer Protection