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September 27, 2016

Oman’s sixth ‘specialised’ exhibition was inaugurated in Tehran on Monday. It was attended by Dr Ali bin Masoud al Sunaidy, Minister of Commerce and Industry, and his Iranian counterpart Mohammad Reza Nematzadeh. The exhibition, which will run until September 30, focuses on food industry and foodstuff, oil, gas and petrochemicals industry, medicine and construction. Al Sunaidy said: “Iran has high potential in the food sector. It can provide Oman’s factories with raw materials. Our presence in the expo could be a beginning for more cooperation between the two countries.” He said the two countries share friendly relations and are determined to boost political, economic and trade relations.

Citing inauguration of the shipping line between Oman and Iran on Sunday, he said: “The marine line between Khasab and Bahonar ports was opened. Seven ships with a capacity to carry 200 passengers and 40 vehicles will ply between both destinations.” Nematzadeh invited Iranian and Omani businesses to cooperate in the field of industry and commerce. He lauded the inauguration of Oman’s exhibition and expressed hope that this event could act as a bridge between businesses in the two countries. He hoped the new marine line between the two ports could be expanded to connect other ports in both countries. In 2006, the volume of trade between Oman and Iran was $200 million. It currently stands at $1 billion.

Oman Observer

About Track Persia

Track PersiaTrack Persia is a Platform run by dedicated analysts who spend much of their time researching the Middle East, in due process we fall upon many indications of growing expansionary ambitions on the part of Iran in the MENA region and the wider Islamic world. These ambitions commonly increase tensions and undermine stability.