Iranian delegation in Oman for expansion of bilateral trade

A delegation of Iranian private sector activists has travelled to Oman to help trade between the two neighboring countries.

19 May 2022
ID : 33726
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A delegation of Iranian private sector activists has travelled to Oman to help trade between the two neighboring countries.

A meeting of an Iranian trade delegation to Oman with their Omani counterparts in Muscat.

A delegation of Iranian private sector activists has travelled to Oman to help trade between the two neighboring countries.

The delegation, led by Head of Trade Promotion Organization of Iran (TPO) Alireza Peimanpak, is the first Iranian private sector delegation to visit Oman after the ease of the COVID restrictions.

The visit to Oman by the Iranian delegation takes place on the eve of an upcoming visit to the Persian Gulf country by Iranian President Ebrahim Raeisi.

Attending the Iran-Oman trade forum, negotiating with Omani trade partners, analyzing the Omani market and export development methods, as well as identifying the obstacles on the way of developing trade ties between Iran and Oman are the main agendas of the visit to Oman by the Iranian trade delegation.

Speaking during a trade forum of the two countries, Chairman of Oman Chamber of Commerce and Industry (OCCI) Redha al Saleh appreciated the efforts made by Iran-Oman Joint Chamber of Commerce, and said that forming a working group on removing the banking obstacles and devising an arbitration mechanism for trade disputes is on the agenda of the joint chambers of commerce.

He added that an Omani trade delegation is also scheduled to visit Iran in the near future.

Also speaking during the trade forum, the head of the Iranian delegation said that Oman has special potentials in re-exports of commodities.

Peimanpak said that Iran has plans to remove different banking, logistic, and transportation obstacles on the way of trade between the two countries.  

Iran-Oman Joint Chamber of Commerce issued a report last month which said that the volume of trade between the two countries over the past Iranian fiscal year (to March 20) stood at $1.336 billion.

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