In a bid to give a boost to Iran’s non-oil exports to Oman and enhancement of trade exchanges between the two countries, Head of Iran-Oman Joint Chamber of Commerce Mohsen Zarrabi signed a trilateral MoU on Sunday with Head of Trade Promotion Organization of Iran (TPO) Alireza Peimanpak and the Managing-Director of Iran Small Industries and Industrial Parks Organization (ISIPO) Ali Rasoulian.
The main goal of this document is to facilitate the participation of the country's manufacturers and production units located in industrial parks in Oman’s specialized exhibitions and to increase the presence of Iranian products in the Omani market.
Under the terms of the MoU, the parties will collaborate to provide capable domestic producers located in industrial parks with special incentives and supports such as subsidies.
Speaking at the signing ceremony, Peymanpak said: “Many good measures have been taken regarding the improvement and promotion of communication between TPO and Iran-Oman Joint Chamber of Commerce which have been very effective.”
Head of Iran-Oman Joint Chamber of Commerce Mohsen Zarrabi (R), Head of Trade Promotion Organization of Iran (TPO) Alireza Peimanpak (C) and the Managing-Director of Iran Small Industries and Industrial Parks Organization (ISIPO) Ali Rasoulian sign a trilateral MoU on boosting Iran’s trade with Oman in Tehran, Iran July 31, 2022.
He pointed to the establishment of a direct shipping line between the two countries, saying: “We are also pursuing guarantee issues for exporters through the export guarantee fund.”
The TPO head underlined the ISIPO supports for production units as one of the effective points with regard to facilitating foreign trade, saying: “Based on this memorandum, ISIPO and TPO will follow up plans for sending delegations and holding exhibitions in Oman more strongly.”
Peymanpak also stated that unifying programs and regularizing the goals and strategies regarding sending delegations and holding exhibitions will lead to greater synergy and will have positive impacts on trade with Oman.
“Signing this MoU is in line with the general policies of Trade Promotion Organization for integrating and regulating all the government affairs related to the development of foreign trade. This will have the greatest impact on trade with neighboring countries,” he stressed.