36826
Iran, Oman Discuss Transport Ties
Economy, Domestic Economy

Iran, Oman Discuss Transport Ties

Iran’s Minister of Roads and Urban Development Abbas Akhoundi met Oman’s Foreign Minister Yusuf bin Alawi bin Abdullah as well as Minister of Commerce and Industry Ali bin Masoud bin Ali al-Sunaidy in Tehran on Saturday to discuss cooperation in the transport sector. Talks also revolved around the development of Iranian southern ports and the construction of three ports in Oman. Port developments are part of broader mutual cooperation on a transit corridor passing through Kazakhstan, Turkmenistan, Iran and Oman, which was also discussed, Iranian Transport Ministry’s news website reported. The establishment of a joint aircraft leasing firm and an airline, in addition to increasing flight routes, was also discussed during the meeting. Iran recently launched a direct shipping route to Oman in what is expected to help diversify access to international export markets for the Islamic Republic.  The new route is expected to turn Oman into a hub for the reexport of Iranian goods in the region, possibly overtaking trade between Iran and the UAE. There are also speculations that Iran and Oman plan to use the route to promote trade across the region. Iran exported $172 million worth of goods to Oman during the first six months of the current Iranian year (to end March 19), while imports reached $43 million.

 

Short URL : http://goo.gl/VmIFA2
  1. http://goo.gl/Yk54yx
  • http://goo.gl/LMaij8
  • http://goo.gl/ASZkdW
  • http://goo.gl/3iFMbX
  • http://goo.gl/EEWgPk

You can also read ...

Italian investment companies remain active in Iran, despite...
Iranian Insurance Firms' Premium Income Exceeds $1.2b in H1 (Mar-Sep 2018)
Iran insurance industry earned 183 trillion rials ($1.28...
Iran, India Leading Global Ammonia Capacity Growth
Iran and India will continue to lead the global ammonia market...
Iran Auto Industry Hither and Thither
Over the past few days, Iran’s beleaguered auto industry has...
Iran-Russia Non-Oil Trade Sees Over 80 Percent Hike (September 2018)
Iran traded 956,662 tons of non-oil commodities worth close to...
US Sanctions Against Iran Ridicule Int'l Norms
Foreign Ministry Spokesman Bahram Qasemi on Wednesday...
First-Timers Constitute 20% of Tehran Homebuyers
First-time homebuyers have accounted for a 20% share of total...
Iran Slips 1 Spot in WEF's Global Competitiveness Index
The World Economic Forum’s “Global Competitiveness Report 2018...

Trending

Googleplus