Iran-Oman Joint Economic Committee meeting kicks off in Tehran

TEHRAN, Dec. 07 (MNA) – The 18th Iran-Oman Joint Economic Committee meeting kicked off in Tehran Saturday morning with ministers of two sides in attendance.

Iranian Minister of Industry, Mine and Trade Reza Rahmani and Ali bin Masud Al Sunaidi, Minister of Commerce and Industry of Oman, took part at the meeting this morning.

According to the Head of Iran Trade Promotion Organization, Hamid Zadboum, documents on sports cooperation, standard cooperation and maritime shipping would be signed between the two sides at the meeting.

He added that trade, investment, industry, chambers of commerce, free zones, the environment, electricity and gas are some common areas of cooperation between Iran and Oman.

According to Head of Iran-Oman Joint Economic Committee, Iran's exports to Oman reached $728 million this year, while the two countries’ trade turnover hit $1.16 billion, indicating a 5.3 percent increase in trade between the two countries in about five years.

MNA/4790589

News Code 153104

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