INSUBCONTINENT EXCLUSIVE:
of the mentioned chamber held at the place of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) on Wednesday.Last year,
the trade between the two countries reached $1.336 billion, indicating a growth of 57 percent compared to the preceding year, Zarabi said.He
said that in the first two months of the current Iranian calendar year (March 21-May 21), exports to Oman reached $283 million with a growth
of 28 percent, noting that the figure in the import sector increased by 187 percent to $128 million dollars.According to Zarabi, the trade
between the two countries reached $331 million in the mentioned two months, registering a growth of 145 percent.The official further noted
that agreements have been reached to increase Iranian exports to the Arab country, saying: "One of the ways to increase trade is to
introduce Iranian commodities to Omani traders and raise awareness; This is possible by sending trade delegations and holding exhibitions in
this country."In late May, Head of Iran Trade Promotion Organization (TPO) Alireza Peyman-Pak and Omani Minister of Commerce, Industry and
Investment Promotion Qais bin Mohammed Al Yousef met and agreed on creating a roadmap for the expansion of trade relations and also
discussed the establishment of an Iranian trade center in Muscat.Speaking in this meeting, Peyman-Pak voiced the readiness of his
organization and the Iranian Ministry of Industry, Mining, and Trade for providing the necessary infrastructure for expanding trade
exchanges between the two countries.Referring to the recent visit of an Iranian delegation to Oman for attending a business forum hosted by
Building Materials Exhibition (Project Oman 2022), Peyman-Pak proposed that a joint committee would be formed at the deputy level to pursue
the development of mutual economic and trade relations.He also proposed signing a roadmap for trade cooperation between Iran and Oman, which
was welcomed by the Omani minister.Mentioning some of the challenges in the way of developing economic cooperation between Tehran and
Muscat, Peyman-Pak said that talks were underway between the ministries and private institutions of the two countries to resolve the
problems related to transportation and banking relations.EF/MA
