Senior Iranian and Omani officials on Sunday underlined the need for practical measures to facilitate trade and investment between the two countries, particularly in the energy and transit sectors.
Easing trade restrictions could encourage investors and entrepreneurs to participate in the implementation of joint projects, which would lead to closer business cooperation, President Hassan Rouhani said in a meeting with Oman's Foreign Minister Yusuf bin Alawi bin Abdullah in Tehran.
"There is great potential for investment in various fields in Iran, such as petrochemical, energy, steel, railroad and port development sectors, and Omani investors can take part in related projects," he said, adding that Tehran is determined to strengthen its ties with Muscat.
Efforts should also be made toward full implementation of previously signed agreements, especially in the areas of energy and transit.
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