‘Expatriate Iranian tradesmen signify Iran’s economic development’

Business Materials 13 October 2010 11:32 (UTC +04:00)

Foreign Minister Manouchehr Mottaki has stated that economic dynamism created by Iranian entrepreneurs living abroad is a sign of the country's economic development.

Mottaki made the remarks in an address to the 13th meeting of the Iran-Oman Joint Commission on Economic Cooperation in Muscat on Monday.

He called on Iranian expatriates living in Oman to play a more active role in facilitating economic transaction between the two countries.

Iran is an important link for the transit of various commodities between Central Asia and Oman, Mottaki said.

Omani Commerce and Industry Minister Maqbool bin Ali Sultan also gave a speech at the meeting in which he described the two countries' economic relations as "positive" and predicted that there would be quantitative and qualitative growth in the level of ties in 2010, Press TV reported.

Sultan hailed the two countries' regional cooperation in various areas, such as the oil sector, power plants, transportation, and the transit of goods.