79355
New Shipping Route to Boost Iran-Oman Trade
New Shipping Route to Boost Iran-Oman Trade

New Shipping Route to Boost Iran-Oman Trade

New Shipping Route to Boost Iran-Oman Trade

A container ship that left Iran’s Khorramshar Port last Saturday to mark the official opening of Khorramshahr-Sohar shipping route docked at Omani port on Jan. 4. The route between the two neighboring countries is expected to increase bilateral trade to $5 billion in the next four years, chairman of Iran-Oman Chamber of Commerce said, Otaghiranoline.ir reported. Mohsen Zarrabi added that trade between the two countries rose from $148 million in the fiscal 2013-14 to $540 million last year (2016-17). The official noted that the opening of two other shipping routes, namely Chabahar-Sohar and Bushehr-Sohar, is also on the agenda of the joint chamber. Sohar Port is a deep-sea port located in Sohar, the capital and largest city of Al Batinah North Governorate midway between Dubai and Muscat.

Short URL : https://goo.gl/4SzhN2
  1. https://goo.gl/UC8Sq7
  • https://goo.gl/EyNug2
  • https://goo.gl/Rrk36q
  • https://goo.gl/9anMmW
  • https://goo.gl/RhovBW

You can also read ...

Experts believe the import ban would lead to a further rise in smuggling and market disruption.
The government has banned the import of 1,339 commodities...
CBI, Capital Market Agree to Control  Gold Coin Bull Run
As gold coin prices are skyrocketing, the Central Bank of Iran...
$1.5b in Tax Evasion Identified From Bank Accounts
About 63 trillion rials ($1.49 billion) worth of unpaid tax...
Mohammad Javad Zarif (4th L) addressed representatives of Iran Chamber of Commerce, Industries, Mines and Agriculture on June 24. (Photo: Bahareh Taghiabadi )
Foreign Minister Mohammad Javad Zarif assured the business...
Beverage Can Imports at  $21 Million
More than 2,890 tons of beverage cans worth more than $21...
Iran Explores Int’l Space Collaborations at UN Meeting
Officials with Iran Space Agency participated in the two-day...
Top US Court Restricts Police on Cellphone Location Data
The US Supreme Court on Friday imposed limits on the ability...
Xiaomi’s Hong Kong IPO
Xiaomi, one of the world’s leading smartphone makers, is...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus