Iranian Trade Delegation in Oman Chamber of Commerce

(Saturday, June 30, 2018) 11:37

Atrade delegation from Iran on Wednesday visited Oman’s Chamber of Commerce and Industry, and discussed with them means of enhancing Omani- Iranian relations in industrial, investment and economic fields.

The delegation reviewed experiences in developing private sector cooperation and trade exchange between the two friendly countries.

It also reviewed mechanisms to establish trade and investment partnerships that will develop the business sector between the two countries, Times of Oman reported.

OCCI Chairman Qais bin Mohammed Al Yousuf praised the depth of economic and trade relations between Oman and Iran, noting that the two countries should create the appropriate climate to strengthen economic cooperation in trade, industrial, investment and services sectors.

Mohsen Zarrabi, chairman of the Iranian-Omani Business Council, senior advisor to Iranian industries minister and the head of Omani-Iranian Chamber of Commerce, stressed the importance of bilateral economic relations and the need to enhance the level of trade exchange to serve their economic interests.

During the visit, a number of visual presentations were made on the activities of the National Development Fund of Iran and the most important investment opportunities in economic sectors.

The presentations highlighted the importance of Export Guarantee Fund of Iran in facilitating transactions and overcoming obstacles related to issuing guarantees and investments in Iran.

During the visit, bilateral meetings were held between Omani businessmen and their Iranian counterparts.

The two countries signed an export financing agreement to boost bilateral trade on the sidelines of the 17th round of Iran-Oman Economic Commission on Tuesday.

The commission was co-chaired by Iranian Minister of Industries, Mining and Trade Mohammad Shariatmadari and Omani Minister of Commerce and Industry Ali bin Masoud Al Sunaidy.