The governor of the Central Bank of Iran, Abdolnasser Hemmati, is visiting Oman to discuss ways to expand banking relations between the two Persian Gulf neighbors.
He met Foreign Minister Sayyid Badr bin Hamad bin Hamood Albusaidi on Tuesday and the two sides expressed interest in new avenues for building bilateral financial and businesses ties, the CBI news website reported.
Iran’s trade with Oman grew from $221 million in fiscal 2013-14 to $1.16 billion last year (March 2019-20). Exports to the sultanate rose from $146 million in March 2013-14 to $728 million last year while imports a year ago reached $433 million.
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