Muscat - The Sultanate of Oman and the Islamic Republic of Iran have historical relations that have been strengthened by joint cooperation over the past 50 years, mutual interests, and good neighborliness.
His Majesty Sultan Haitham bin Tarik will meet with Dr. Ibrahim Raisi, President of the Islamic Republic of Iran in the Sultanate of Oman on Monday, to discuss various international and regional issues of interest to the region at the political and economic levels that require an exchange of views between the two countries.
The two countries are seeking to achieve maximum benefit in the economic aspect, especially in the sectors of economic diversification and investment opportunities, as trade exchange last year amounted to $1.336 billion.
The total number of Iranian companies investing in the Sultanate of Oman is 2,710, including 1,163 Iranian investors with 100 percent ownership and 1,547 with Omani-Iranian partnerships.
In the logistic sector, the movement of goods is through the ports of the Sultanate - managed and operated by Asyad group - of Suwaiq, Shinas, Khasab, and the Port Sultan Qaboos witnessed good commercial activity with the Iranian ports for the import and export of various general goods.
The volume of direct import and export between ports Oman and Iran during the past years has been more than 1.4 million tonnes of goods after commercial movement of vessels is around 5 to 7 daily trips a day.
Moreover, Muscat and Tehran have witnessed during the past months reciprocal visits of trade delegations in which businessmen from the two countries met to enhance trade relations and offer investment opportunities, which will undoubtedly have a positive impact in the coming years, especially since the two countries are expected to sign memoranda on this visit in the economic and commercial aspects areas, in addition to the changes in the regulations in the Sultanate of Oman to encourage and attract investment.
The 19th session of the Omani-Iranian Joint Committee, which was held in Muscat in February, referred to cooperation in the fields of industry, mining, financial and banking sectors, cooperation in the field of free zones, and the exchange of research experiences related to the fields of agriculture, livestock, and fisheries.
On the political level, the Omani-Iranian relations were built on a firm and solid foundation, including good neighborliness and non-interference in internal affairs, which contributed to resolving a number of contemporary regional issues, as the two countries hold political discussions on a regular basis, the most prominent of which was held in January in Muscat.
The Vienna talks on returning to the 2015 Iranian nuclear agreement have reached their final stages, to which the Sultanate of Oman also contributed with its well-known diplomacy.
This visit is an additional opportunity to support the diplomatic efforts exerted on other issues such as the Yemeni crisis, which generally support security and stability in the region and achieve international peace and security.
The Omani diplomacy created space for converging the contentious points of view between the Islamic Republic of Iran and a number of countries, which permanently yielded positive results.
In addition, the good relations between the two countries contributed to the release of a number of people of different nationalities who were detained by the Iranian authorities on security grounds.