Commerce Chamber talks Iran-Oman economic ties
Tehran, Iran, Oct. 15
The ties between Iran and Oman currently stand at a “great” level, Chairman of Iran-Oman Chamber of Commerce Mohsen Zarrabi said.
Economic relations between Iran and Oman have witnessed a significant growth in the past years, Zarrabi told IRIB on October 15.
Oman has turned into a base from where Iranian goods are re-exported, he added.
“Oman’s ports could play a key role in transshipping (Iranian) goods as substitutes for ports located around the Persian Gulf,” Zarrabi said.
The ties between the two nations are exemplary now and are growing day by day, he said, calling for enhanced ties between Tehran and Muscat.
As per the Islamic Republic of Iran Customs Administration’s data, Iran exported 1.74 million tons of commodities worth $520.71 million to Oman in the last Iranian year (March 2017-18), posting a 24.46 percent growth and a 4.28 percent decline in tonnage and value respectively year-on-year.
The exports mainly included direct reduced iron, semi-finished metal, steel products, low-density oils and related products.
Oman exported 256,936 tons of goods worth $215.92 million to Iran during the period, up 186 percent and 107.06 percent in tonnage and value respectively year on year. Iran mainly imported benzene, pharmaceutical supplements and vehicles from Oman last year.