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Iran, Oman Weigh Plans for Enhanced Trade Ties

  • December, 08, 2019 - 16:36
  • Economy news
Iran, Oman Weigh Plans for Enhanced Trade Ties

TEHRAN (Tasnim) – Top officials from Iran and Oman met in Tehran to explore avenues for the enhancement of bilateral trade ties between the two Muslim neighbors.

Economy

In his meeting with Oman’s Minister of Commerce and Industry Ali bin Masoud Al Sunaidy, Iranian First Vice-President Eshaq Jahangiri voiced Tehran’s willingness to promote cooperation with Muscat in various fields without any limitation.

“Promotion of cooperation between Tehran and Muscat is beneficial to the Islamic world and regional countries, and nobody would be harmed by these relations,” Jahangiri added.

The Iranian officials also hailed the cordial relations with Oman as a model for other regional states, saying the two nations could play a constructive role in the settlement of problems in the Islamic world.

Among the Persian Gulf littoral states, Oman is the one with which Iran seeks to establish the highest level of trade exchange, Jahangiri added.

“The volume of Iran’s foreign trade under the toughest conditions caused by sanctions stands at above $100 billion a year, and Oman can have a share in a large part of these trade exchanges,” he stated.

For his part, the Omani Minister of Commerce and Industry said the close interaction between the business people of Oman and Iran and reciprocal visits would be a harbinger of direct trade ties between the two countries.

He also hailed Iran’s facilities and services for the Omani medical tourists and pilgrims, saying a large rise in the bilateral trade ties requires support from the high-ranking officials of the two states.

 
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Read more
Iran, Oman Eye $5bln Annual Trade: Minister
Iran’s Zarif, Omani Counterpart Meet in Tehran
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