World  Business and Economic Analysis 

 

Iran, Oman Encouraged Implementation of Commercial and Industrial Projects 

 Authorities of Iran and Oman promised here today to promote joint economic and commercial projects, and observed the involvement of the Persian country in the construction of three ports in the Arab nation.

Omani Foreign Minister Yusuf bin Alawi, who heads a delegation that is visiting Tehran, announced that several bilateral plans will be operational in the near future, including investments in areas of trade and economy.

Bin Alawi met with the Minister of Roads and Urban Development of Iran, Abbas Akhoundi and stated that Oman is ready to invest in Iran, a subject he also discussed during official talks with his Persian counterpart, Mohammad Javad Zarif.

The Omani delegation also includes the Minister of Trade and Industry, Ali bin Masoud bin Ali al Sunaidy, who talked with local officials about other issues of cooperation and partnership, as the ambitious plan to create a transport corridor Turkmenistan-Iran-Oman-Kazakhstan.

Regarding this project, Bin Alawi stated it needs some technical reforms, and noted that this corridor will help the Islamic nations to benefit from the Iranian and Omani ports.

 

 

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