More trade dialogue urged between Oman and Iran
President Dr Hassan Rouhani of the Islamic Republic of Iran and his delegation met at Al Alam Palace Guesthouse on Thursday with a number of Omani businessmen.
Urging for a dialogue between the two countries, President Rouhani pointed out that the foreign policy of the new government, gave priority to boost close relations with the Islamic world, particularly the neighbouring countries, in the last six months since it came to power.
The Iranian President also pointed out that the major policies of his government focus on the development of the region, as it will ensure stability and improve security.
Dr Rouhani said maintaining economic stability in the local Iran market is a priority for the government. The market has been witnessing some sort of stability, especially in the securities market, the exchange rates and the prices of precious metals . 'The energy price in Iran is moving towards stability as we seek to limit the inflation to an acceptable level," he added.
The Iranian President affirmed that in the new Iranian year, which will start after one week, the inflation rate will be less than 25%, and may be less as per the forecast of some economists
Dr Rouhani said said that the government is looking forward to make Iran a safe destination for foreign investment. "The environment is conducive for the growth of regional economies. I invite people of the region to communicate with each other and use modern technology to ensure more rapprochement."
He said that the new seaports and railway can help connect the differarent parts together and added that favourable investment laws and business-friendly environment will enhance the rapprochement between countries.
Said bin Saleh al Kayoumi, chairman, Oman Chamber of Commerce and Industry (OCCI) said that this important meeting marks the beginningg of a new stage in the history of OCCI, which actually needs to enhance cooperation and benefit from the experiences of brothers and friends to be able to meet the aspirations of the private sector. The number of OCCI affiliated companies and establishments now exceed 250,000. He pointed out that one of the current initiatives by OCCI is ' Partner to Promote", which targets the SMEs; the mainstay of any economy. He urged more coordination with the Iranian side and review the unique Iranian experience in this field.
He stressed the importance of increasing trade between the two friendly countries, especially the Omani exports to Iran did not cross RO100mn in 2013.The imports from Iran, however grew by 107 per cent in 2013 to hit RO190mn compared to RO90mn in 2012.
- State of the Arab World Economy report 2016: diversify, tax, slash subsidies
- Arab investors won't dump the Trump despite anti-Muslim remarks
- UAE economy minister projects high growth despite oil prices
- UAE can set the pace for innovation in the Middle East: IBM vice president
- Business community welcomes UAE's deficit-free budget