...

Iran, Oman sign banking MoU

Business Materials 12 March 2017 18:09 (UTC +04:00)

Tehran, Iran, March 12

By Mehdi Sepahvand - Trend:

Iran and Oman have signed a memorandum of understanding to improve the level of mutual banking relations.

The agreement was signed between the two countries’ central banks in a meeting in Tehran with Central Bank of Iran chief Valiollah Seif, his Omani counterpart Hamoud bin Sanjour, and Deputy Foreign Minister Badar bin Hamad al-Bu Saidi, Mehr news agency reported March 12.

Trade between Iran and Oman increased to $1 billion in 2016, whereas in 2015, it had been around $560 million.

Tags:
Latest

Latest