Sri Lanka and Oman sign agreement on tourism
Travel and Tour World: Oman and Sri Lanka have entered into a memorandum of understanding (MoU) focused on enhancing tourism cooperation, as announced in Colombo. The signing, facilitated by Oman’s Ambassador to Sri Lanka and the Maldives Ahmed Ali Said al Rashidi and Tourism Minister Harin Fernando, underscores both countries’ recognition of tourism’s role in fostering economic development.
The agreement seeks to amplify tourism exchanges, bolster participation in visitor activities, and facilitate coordination between the two nations’ authorities to simplify travel procedures in alignment with existing laws and regulations.
Furthermore, it intends to fortify investment in the tourism sector and encourage private sector involvement in promoting tourism growth through coordinated marketing and promotional efforts. This includes the organization of tourist trips, the exchange of tourism-related experiences, technical knowledge, training, and qualifications between Oman and Sri Lanka.
This collaborative initiative between Oman and Sri Lanka is anticipated to significantly influence the global travel and tourism landscape. By streamlining travel procedures and enhancing the tourism experience through shared knowledge and resources, the agreement not only aims to boost the economic development of both countries but also presents a model for international cooperation in the tourism sector.
The partnership could lead to increased tourist flows between the two nations, contributing to the broader global travel ecosystem by offering enriched cultural exchanges and diversified travel experiences for international travelers.
OSL take:
Sri Lanka’s tourism industry is one of the fastest growing industries in the country’s economic revival path. The steady growth in tourist arrivals and the increase in the number of flights operated by international airlines to the country are a clear indication of Sri Lanka’s growing tourism industry. With Sri Lanka’s tourism authorities working towards expanding the overseas promotional campaigns to attract more foreign travelers to the country while also looking at forming understandings with countries like with Oman would further increase the growing business/investment opportunities in the local tourism industry. The growth and business potential in Sri Lanka’s tourism industry is evident by the interest shown by foreign businesses/investors, especially international leisure and hospitality brands, to invest in the industry. The expanding opportunities in the tourism industry also cover areas in the development of infrastructure and supplementary infrastructure facilities required by the growing industry to meet the increasing demand.
| Article Code : | VBS/AT/20240422/Z_1 |