Muscat: The programme included a presentation by Credit Oman on its services in the field of credit insurance, which protects an Omani exporter from the risk of non-payment by the buyer and provides necessary confidence to offer competitive credit terms-a crucial element in the American market.

According to Oman News Agency, the programme saw active participation from leading Omani banks that provided banking and trade finance solutions designed to support export operations, including export finance, letters of credit, and working capital incentives to enable Omani companies to confidently start and expand their export operations to the United States.

Haitham bin Abdullah Al Yaqoubi, Acting CEO of Credit Oman, emphasized that the American market represents a significant opportunity for Omani plastic manufacturers, particularly given the free trade agreement (FTA) between Oman and the United States.

Al Yaqoubi added that entering an advanced and highly competitive market requires more than just product readiness. It requires financial confidence in granting credit to buyers, as well as associated protection to do so safely.

Al Yaqoubi pointed out that credit insurance constitutes a basic pillar in trade, as it transforms credit conditions from risks into a competitive advantage and enables manufacturers to compete on equal footing with global suppliers. Credit Oman's 2025 statistics showed that the value of its insured sales stood at more than RO 14 million, he added.

The programme was designed to enable interested companies to learn about credit insurance services offered by Credit Oman. It aimed to focus on Credit Oman's efforts to promote Omani exports through its insurance services and solutions that help exporters access different markets around the world.

The Plastic Export Accelerator programme offers practical guidance to eligible Omani plastics exporters and polymer conversion and downstream companies. It helps the target firms understand mandates for entering the US market, take advantage of the FTA, and engage positively with American buyers and partners.