Muscat: Iranian President Dr. Masoud Pezeshkian engaged with Omani and Iranian business leaders at Al Alam Palace in Muscat, discussing plans to enhance trade and investment relations between Oman and Iran. This meeting aligns with President Pezeshkian's official visit to Oman, emphasizing the development of economic corridors and ports to increase trade volume to $30 billion over the next three years.
According to Oman News Agency, President Pezeshkian expressed Iran's readiness to collaborate with Oman across economic, scientific, and cultural fields, focusing on joint investment projects and facilitating financial transfers. He reiterated Iran's commitment to regional and global security and stability, extending support to Muslims worldwide.
Qais bin Mohammed Al Yousef, Oman's Minister of Commerce, Industry, and Investment Promotion, highlighted Oman's efforts to attract investments under the leadership of His Majesty the Sultan. He encouraged the trade delegation to explore opportunities in renewable energy, industry, tourism, mining, logistics, food security, and other sectors. Trade between the two nations has seen significant growth, with a notable increase in Iranian companies operating in Oman.
Faisal bin Abdullah Al Rowas, Chairman of the Oman Chamber of Commerce and Industry (OCCI), emphasized the role of the Omani-Iranian Joint Business Council in facilitating trade exchanges and partnerships. He highlighted the Council's efforts to address challenges and expand collaborations in strategic sectors, reinforcing the private sector's role in building strong economic ties.
Samad Hassanzadeh, President of Iran Chamber of Commerce, Industries, Mines and Agriculture, stressed the need for a roadmap to enhance economic relations, urging business leaders to utilize the preferential trade agreement between the two countries.
Mohammed Abdulhussein Baqer, Omani Co-Chair of the Omani-Iranian Joint Business Council, outlined strategic initiatives to boost trade, such as establishing permanent shipping routes and launching an electronic platform for investors. Jamal Razeqi Jahromi, Iranian Co-Chair, called for leveraging existing agreements to increase commercial and investment activities.
The meeting concluded with presentations from Omani and Iranian companies sharing their trade and investment experiences.