TEHRAN: Iranian Industry, Mining, and Trade Minister Mohammadreza Nematzadeh, heading a delegation of representatives from the private sector, traveled to Oman to explore new avenues for increasing trade ties.
During the three-day stay, the Iranian delegation will participate in the 15th meeting of the Iran-Oman Joint Economic Committee and will inaugurate an exclusive exhibition of Iranian products in Muscat.
Nematzadeh is scheduled to hold meetings with the Omani prime minister, the minister of commerce and industry, and the chairman of the Omani Center for Investment Promotion and Export Development.
In October 2014, Iran and Oman signed six memorandums of understanding to boost commercial ties.
Oman was the 21st biggest importer of Iranian non-oil goods in the previous Iranian calendar year, which ended on March 20, 2014, according to the Iran Customs Administration.
Iran exported $145.8 million of non-oil goods to Oman and imported $441.7 million of non-oil goods from the country.
