Now it is also clear why the Oman project is at CRR. Good...

Now it is also clear why the Oman project is at CRR. Good business can be done with compatriots, now I am very confident that we will do good things there.
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Oman is the nearest Arab country to Pakistan, because of this, they both share a maritime boundary with each other. 30% of Omanis are of Balochi origin from Pakistan's Balochistan province, having settled in Oman over a hundred years ago.[citation needed] Gwadar was formerly part of Oman but was sold to Pakistan on 8 September 1958. It was integrated within Balochistan on 1 July 1977 and became a full sub-division of the Gwadar District.[citation needed] There are over 85,000 Pakistani immigrants resident in Oman.[citation needed]Oman and Pakistan cooperate economically, with bilateral trade. The Pakistan-Oman Joint Investment Company promotes trade between Oman and Pakistan.The countries also cooperate militarily, with joint exercises and defence procurement.
Oman agreed to a transaction for Gwadar Port which is now being developed as a part of China-Pakistan Economic Corridor. Oman and Pakistan also co-operated regarding Pakistan's extended continental shelf zone, Pakistan's Foreign affairs adviser Sartaj Aziz thanked Oman for their co-operation regarding extension of Pakistan's territorial waters from 240,000 km2 to an additional 50,000 km2