Iran, Oman Stress Promoting Banking, Trade, Economic Cooperation


Iran, Oman Stress Promoting Banking, Trade, Economic Cooperation

TEHRAN (Tasnim) – Officials from Iran and the Sultanate of Oman emphasized the need to enhance bilateral relations in the fields of banking, trade and economy.

Governor of the Central Bank of Iran (CBI) Mohammad Reza Farzin during a visit to Muscat held talks with Omani Finance Minister Sultan bin Salim bin Said al-Habsi on Monday to discuss bilateral ties and issues of mutual interest.

The two sides exchanged views on boosting bilateral ties in the monetary-banking fields.

Highlighting the 41-percent growth of trade volume between Tehran and Muscat in the current year, Farzin emphasized the need for increasing cooperation to facilitate trade-economic ties and develop trade exchanges between the two countries.

Given the amicable ties between Tehran and Muscat, he described strengthening trade and economic relations between Iran and Oman as important.

The Central Bank of Iran will take advantage of all capacities to increase monetary and banking cooperation between the two countries in line with spurring bilateral trade exchanges, Farzin underlined.

The Omani finance minister, for his part, emphasized the activation of various capacities of Oman for the development of cooperation with Iran.

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