Iranian delegation in Oman to discuss trade ties

A senior Iranian delegation has traveled to Oman to discuss bilateral trade ties before a planned trip by Iranian President Ebrahim Raisi to the Arab Sultanate.

Iran’s official IRNA agency said in a Tuesday report that a delegation led by deputy trade minister Alireza Peymanpak had traveled to Oman a day earlier to hold talks with senior government officials and to attend major trade and investment events in the country.

Reports in the Omani media showed Peymanpak holding talks with officials from Oman’s Ministry of Commerce, Industry and Investment Promotion.

The IRNA report said that representatives from 30 Iranian companies as well as officials from Iran’s ports authority and the Export Guarantee Fund of Iran have been accompanying Peymanpak in his trip to Oman.

It said a high-ranking government delegation led by President Raisi is expected to travel to Oman soon without elaborating on any exact date.

Since taking office in August, Raisi has emphasized the need for more trade and economic cooperation with Arab countries in the Persian Gulf.

His administration has reached major agreements with Qatar while trade delegates have been dispatched to the United Arab Emirates and Oman in recent months to explore increased economic ties with those states.

Figures by the Iranian customs office show trade between Iran and Oman reached $1.336 billion over the Persian calendar year to late March, a record high and an increase of 53% against the previous year.