Iran plans to double exports to Oman
Baku, Azerbaijan, Sept. 6
By Fatih Karimov – Trend:
Iran’s exports to Oman is expected to increase by 200 percent during the current fiscal year (March 20, 2016-2017), Abbas Abdolkhani, the Islamic Republic’s trade attache in Oman, said.
Iran’s exports to Oman accounted for $375 million during last fiscal year (ended March 20), Abdolkhani said, the Iranian Industry, Mine, and Trade ministry’s SHATA news website reported.
He further said that Iran’s exports to Oman has increased by 181 percent during the first four months of current fiscal year(March 20-July 21), adding that Iran has a share of $1 billion in the country’s $35 billion worth market.
Iran has good potential in food and construction sector which can be used for boosting the country’s share in Omani market, Abdolkhani said.
To boost mutual commercial relations, a roadmap has been prepared which will be unveiled at the 16th Joint Economic Commission session, he said, adding that Iran plans to increase the value of its home-made products to Oman to $4 billion per year.
The Omani ministry of Trade has announced that it will issue one-year visa for 2,000 Iranian businessmen, who are introduced by Iran’s Trade Promotion Organization, Abdolkhani said.