Chamber of Commerce talks Iran-Oman banking ties
Tehran, Iran, Oct.16
Till now, branch of Bank Melli Iran in Azerbaijan has been operating under the supervision of the Dubai branch, but has now become independent and it has plans to provide more services to the businessmen in Iran and UAE, Chairman of Iran-Oman Chamber of Commerce Mohsen Zarrabi told Trend.
"Bank Melli and Saderat Bank have branches in Oman which are not so active, and despite their willingness to serve Iranian businessmen, their problems have not been resolved," said Zarrabi.
'As far as I know, there have been meetings in the Central Bank of Iran on the mentioned issues, and I hope to hear some good news in the coming days," he said.
"Usually, those banks operated under the supervision of the Bank of Dubai, But the Melli Bank in Azerbaijan has already became independent, and is now beginning to expand its activities,” he said.
Citing close relationship between Iran and Oman, he said now the Iranian companies in Oman are expanding their presence.
"Although the formula of working with Oman is different from working with Afghanistan or Iraq," he said.
“The lack of knowledge of international trade and differences between export target countries, has caused some of our companies to be lost,” Zarrabi admitted.
Referring to an Iranian trade delegation visiting Oman, he said the delegation discussed ways to establish a joint fund with the authorities.
“Authorities in both countries agreed on the creation of this fund. Iranian traders who export products to Oman receive tax exemption from the Omani government,” he said.
“Establishing a credit line for issuing technical and engineering services for Iranian companies in Oman was agreed upon,” Zarrabi said.
“The Omani authorities have also shown interest in the presence of Iranian technology and knowledge companies, and announced that they will provide the necessary facilities for the participation of these companies in the Omani Science and Technology Park,” Zarrabi said.
An Iranian trade delegation visited Muscat to investigate the fields for the re-export of Iranian products from Oman, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported on Saturday.