What is the minimum wage in Oman?
The minimum wages payable to Omanis is RO 140 (about US $ 360) per month including house and transport allowances. Apart from that as per the Social Security Law private sector employer must make monthly contributions to the Public Authority for Social Insurance at the rate of 9.5 % of the monthly wage11. Does Oman have any Free Trade agreements with other countries? Oman seeks integration into the global economy through multilateral, regional and bilateral economic cooperation. In this context Oman joined the World Trade Organization in the year 2000. The accession to WTO brings the integration of Oman into the world economy and with its benefits and the challenges.Regionally, Oman is a member of the six gulf cooperation council which started with an FTA in 1982, moved to the common market in 2008. Oman is also an active member of the greater Arab free trade agreement. As of 2005 these Arab countries with a population of over 270 million have in place a free trade agreement. With GCC
