The 13th Iran-Oman joint economic cooperation committee was held on Monday in Muscat with signing a 13-article document to boost economic ties.
Iranian Foreign Minister Manouchehr Mottaki and Omani Trade and Industry Minister Maqbul bin Ali bin Sultan signed the document.
Mottaki expressed hope that economic agreements reached during previous meetings be carried out and implemented.
He said that Oman could use Iran as a transit route to trade goods with Central Asia, and suggested that the two countries create a joint airline to boost tourism.
The Omani minister said trade between the two countries in the past five years had been positive and forecasted that relations in 2010 would grow.
He welcomed the idea of establishing joint investment firms by the private sectors of the two countries and called for cooperation in the fields of oil, power plants, transportation and the transit of goods as well as the import of copper from Iran to Oman.
He pointed out that direct flights by Oman Air to Tehran will be established within six months as well as feasibility studies for marine transportation were being studied.