Omani Investors Awaiting Nuclear Deal to Boost Investment in Iran
TEHRAN (Tasnim) – The Sultanate of Oman's investors and economic activists are looking forward to a final nuclear agreement between Iran and six world powers in order to boost trade ties with Tehran as soon as the anti-Iran sanctions are lifted, Omani sources said.
According to Oman's local sources, the Arab country's experts believe that a long-awaited deal over Iran's nuclear energy program will result in a jump in Tehran-Muscat trade.
An end to the anti-Iran sanctions under a comprehensive nuclear agreement will increase the exchange of goods and services between the two Muslim countries, an Omani analyst said.
According to Oman's official sources, the volume of trade between the sultanate and Iran stood at $877 million in 2014, while both sides are looking for ways to significantly raise that number in the future.
While talks between Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) for a comprehensive deal on Tehran's peaceful nuclear program are at the final stages, more countries and foreign companies seek to seize the opportunity of investing in Iran's lucrative market as soon as the sanctions are terminated.
Diplomats from Iran and the six powers are busy negotiating in Vienna to clinch the deal.
Last week, the two sides gave themselves an extra week beyond an end-June deadline to nail down details of the long-awaited accord.
