Iran and Oman trade target $ 5 billion

Iran and Oman trade target $ 5 billion
  • 2019-12-07
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The Minister of Industry, Mining and Commerce of our country at the 18th meeting of the OIC Joint Committee on Economic Cooperation said: "I hope that the relevant bodies of the commission will take the opportunity of this summit to identify new capacities for cooperation and to develop business relations appropriate to their interests and emphasis." The authorities in both countries will be fully exploited.

Reza Rahmani said: "This delegation is one of the largest commercial and high-ranking delegation to Oman that has come to Iran in recent years, and in addition to high-ranking officials, a large delegation of businessmen, manufacturers and departments. Important economists accompany the delegation.

According to the plan, we hope that the private sector will take steps to exploit existing capacity.

The Minister of Industry, Mining and Commerce of our country at the 18th meeting of the Joint Commission on Economic Cooperation of Iran and Oman stated: We are just facilitators in the government and we hope that the private sector and the chamber of commerce will proceed well and the good results of the private sector discussions of both sides Be.

Rahmani noted that Oman's friend and brother country have a special place in the foreign policy of the Islamic Republic of Iran.

He stated that under the auspices of the Supreme Leader and the President of the Republic, the Islamic Republic of Iran has emphasized the expansion of relations with neighboring and Islamic countries, especially Oman.

"In this regard, planning and pursuing the goals and intentions of the high-ranking officials of the two countries for the expansion of commercial and economic relations, as well as political relations between the two sides, is of great importance," Rahmani said.

The Minister of Industry, Mining and Commerce of our country at the 18th meeting of the Joint Commission on Economic Cooperation of Iran and Oman added: "The Joint Commission's orientation is to plan and identify new investment opportunities and to meet the goals of expanding bilateral relations."

Rahmani continued: In recent years, trade relations between the two sides under the direction of Mr. Al-Sanidi, the Minister of Commerce and Industry of Oman have been on the rise.

"We believe that the volume of economic exchanges is not commensurate with the interests and capacities of the two sides and should be increased," he said.

$ 5 Billion Targeting Iran-Oman Business Relations

The Iranian Minister of Commerce said that the two countries' cooperation in the fields of trade, tourism, technical, engineering and industry amounted to more than $ 5 billion, which has now reached only $ 1 billion.

The necessity of developing a roadmap for cooperation between Iran and Oman

Rahmani said: "In this regard, it is proposed to form a joint cooperation committee to pursue the ratifications of the summit and a roadmap for this purpose."

Minister of Industry, Mining and Trade of our country at the 18th meeting of the Joint Commission on Economic Cooperation of Iran and Oman said: Iran has a unique capacity in the fields of industrial, agricultural and technical services, engineering and tourism and ... has unlimited capacity to develop relations Is.

Rahmani added: "The will of the Iranian government and the commercial policy of our country is to develop business relations with the Oman monarchy and meet its import needs."

Necessity of activating the north-south corridor

"We see Oman as a regional position for developing relations with Arab countries and North African countries, and we have had multilateral agreements in the past to use Oman, and one of them is the North-South Corridor for The Caspian Sea is associated with the Persian Gulf and African countries.

Rahmani said: "We have had meetings with the authorities of these countries recently and they were all seeking to establish this corridor."

Minister of Industry, Mining and Commerce of our country at the 18th meeting of the Joint Commission on Economic Cooperation of Iran and Oman said: in the field of banking transactions there are some issues that will be resolved soon with the pursuit of the Omani side.

Rahmani reiterated: "With the signing of the Port and Shipping Agreement, the expansion of relations in this area will be achieved."

He noted that in addition to the production capacity of Iranian production units and production of export quality goods, Iranian companies are ready to cooperate in the technical and engineering services sector.

"Our two free zones have convenient transit routes for joint venture and export of products to third markets," our Minister said.

Rahmani added: "At present there is no obstacle to the expansion of cooperation between the two sides and the units located in free zones are ready to cooperate."

He reminded that the border provinces of the two countries have very high cooperation capacities and provinces such as Hormozgan, Fars, Khuzestan and Bushehr etc are ready to expand relations with Oman due to cultural and historical shares with Oman.

* Shatta