Oman, Iran talk to boost trade

H E Su­naidy at­tends joint eco­nomic com­mit­tee meet­ing in Tehran

Muscat Daily - - FRONT PAGE - Our Cor­re­spon­dent

Iran-Oman trade has the po­ten­tial to touch US$5bn from the cur­rent US$1bn, Reza Rah­mani, Iranian In­dus­try Min­is­ter, has said. Rah­mani was talk­ing on the side­lines of the 18th Oman-Iran Joint Eco­nomic Com­mit­tee meet­ing be­ing held in Tehran.

Oman’s del­e­ga­tion is be­ing led by H E Dr Ali bin Ma­soud bin Ali al Su­naidy, Min­is­ter of Com­merce and In­dus­try.

H E Dr Su­naidy met Eshaq Ja­hangiri, Iran’s First Vice Pres­i­dent and Ab­dol­nasser Hem­mati, Gov­er­nor, Cen­tral Bank of Iran. Dur­ing his meet­ing with H E Dr Su­naidy, Ja­hangiri on Sun­day, said that Tehran and Mus­cat have many ar­eas for co­op­er­a­tion.

Hem­mati said that the ease of fi­nan­cial trans­ac­tions be­tween Iran and Oman will be key to the de­vel­op­ment of eco­nomic re­la­tions, IRNA, the of­fi­cial news agency of Iran re­ported.

Dur­ing the meet­ing, which took place on the side­lines of 18th Oman-Iran Joint Eco­nomic Com­mit­tee meet­ing, Hem­mati said, “In line with in­creas­ing trade and tourism in­ter­ac­tions be­tween the two coun­tries, de­vel­op­ment of air­lines and ship­ping lines for goods trans­port will be pur­sued in earnest.”

Ac­cord­ing to Oman News Agency, Oman and Iran also signed a num­ber of me­moranda of un­der­stand­ing on the side­lines of the Oman-Iran eco­nomic meet held in Tehran, re­lated to mu­tual recog­ni­tion of ma­rine cer­tifi­cates, ex­ec­u­tive pro­grammes for spec­i­fi­ca­tions and stan­dards, and co­op­er­a­tion in the sports field.

Ac­cord­ing to head of IranO­man Joint Eco­nomic Com­mit­tee, Iran’s ex­ports to Oman reached US$728mn this year, while the two coun­tries’ trade turnover hit US$1.16bn, in­di­cat­ing a 5.3 per cent in­crease in trade be­tween the two coun­tries in about five years.


H E Dr Ali al Su­naidy (left) with Eshaq Ja­hangiri on Sun­day

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