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Oman and Iran to enhance economic cooperation, boost investment

The Omani-Iranian Business Council held a meeting at the chamber office.
The Omani-Iranian Business Council held a meeting at the chamber office.
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MUSCAT: Oman Chamber of Commerce and Industry (OCCI) held a meeting on Monday that brought together members of the Omani-Iranian Business Council and the heads of sectoral committees at the chamber.


The two sides discussed efforts to strengthen economic and investment relations between the Sultanate of Oman and the Islamic Republic of Iran.


They also explored ways to develop trade exchange between the two countries and enhance cooperation in key economic sectors, including logistics services.


The meeting reviewed the investment opportunities available in both countries and the mechanisms for enhancing mutual benefits from these opportunities to achieve common interests. It also stressed the importance of boosting public-private partnerships to implement economic projects that benefit both the economies of Oman and Iran.


Faisal bin Abdullah al Rawas, Chairman of Oman Chamber of Commerce and Industry (OCCI) underlined the importance of continuing cooperation between the two countries to achieve their economic aspirations. He emphasised that such meetings are crucial for exchanging ideas, driving progress in joint initiatives, and fostering constructive dialogue to strengthen economic relations between the two sides.


The meeting was attended by Dr Saleh bin Said Masan, Under-Secretary of the Ministry of Commerce, Industry and Investment Promotion for Commerce and Industry. — ONA


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