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Bright Prospects for Oman-Iran Economic Cooperation

Bright  Prospects for Oman-Iran Economic Cooperation Bright  Prospects for Oman-Iran Economic Cooperation

Oman's chief diplomat said on Saturday that there are bright prospects for economic cooperation between Tehran and Muscat in various fields, calling Iran a "reliable" partner. 
The strategic location of the two countries helps pave the way for access to new export markets, Yusuf bin Alawi bin Abdullah said in a meeting with Secretary of Supreme National Security Council Ali Shamkhani in Tehran, referring to the fact that the sultanate is located on the opposite side of the Strait of Hormuz from Iran in the Persian Gulf. 
The minister noted it is "unjustifiable" that Tehran-Muscat trade and business ties are not as strong as their political relationship, IRNA reported.  
There is great potential for joint implementation of projects in different areas, such as science, technology, industrial development and finance, bin Alawi added.  

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