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Oman-Iran forum explores investment opportunities

26 Sep 2022 By

Muscat – The Oman Chamber of Commerce and Industry (OCCI) received a business delegation from the Islamic Republic of Iran on Monday to explore business and investment opportunities in each other’s countries.

The meeting focused on several economic fields in a bid to strike partnerships between Omani and Iranian businessmen. The sectors in which the two countries are seeking engagements are agriculture, mining, medical equipment, technical inspection services, livestock, industry, auto spare parts, petrochemicals, building material, jewellery and furniture.

Hussain al Ajmi, a member of the Oman-Iran Business Council, said that the visit of the Iranian business delegation comes within the framework of the two countries’ efforts to enhance business relations and trade exchange.

Several B2B meetings were also held between businessmen from both countries.

Trade exchange between Oman and Iran stood at RO2.543bn in 2021, with export volume amounting to RO1.555bn and imports at RO98.72mn.

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