IFP Exclusive

Iran, Oman Move to Facilitate Financial Transactions

Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati and Oman’s Minister of Commerce and Industry have weighed a plan to facilitate financial transactions between the two Muslim neighbours.

In a meeting with the Omani Minister of Commerce and Industry on Saturday, CBI Chief Hemmati highlighted the age-old political, economic and social relations between Tehran and Muscat, saying, “Fortunately, the obstacles to economic and trade ties between the two countries have been removed, and encouraging the two nations’ businesspeople to promote their activities is on the agenda.”

Pointing to his recent visit to Oman and the negotiations he held with the Omani officials, Hemmati said, “Facilitation of financial transactions between the economic activists is the key to the expansion of trade and economic ties.”

The CBI governor further noted that efforts are underway to promote the aerial and maritime transportation routes between Iran and Oman in order to strengthen the trade and tourism interaction.

The Omani Minister of Commerce and Industry, for his part, expressed Muscat’s willingness to boost trade ties with Iran, saying his country would spare no effort to facilitate economic exchanges between the two nations.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

Official: Iran responds to IAEA resolution with increased nuclear enrichment capacity

Behrouz Kamalvandi, the spokesperson for the Atomic Energy Organization of Iran (AEOI), says the organization…

45 minutes ago

Pictures: Demonstrators in Tehran support people of Gaza, Lebanon

Hundreds of people gathered in Tehran on Friday morning in front of the United Nations…

48 minutes ago

Int’l lawyer: US plans to sanction countries cooperating with ICC on Netanyahu arrest

An international law expert and analyst has revealed the U.S. plans to impose punitive measures…

4 hours ago

Minister of science: 25% of Iranian university professors emigrated due to economic challenges

Iran’s Minister of Science, Research, and Technology, Hossein Simayee Saraf, addressed on Thursday academic migration…

4 hours ago

IRGC commander: ICC ruling against Netanyahu signifies political demise of Israel

The Commander of Iran’s Islamic Revolution Guard Corps (IRGC), Major General Hossein Salami, says that…

4 hours ago

IRGC: US Iran’s main enemy, Israel can’t survive without its support

The spokesperson and deputy head of public relations for the Islamic Revolution Guard Corps (IRGC)…

6 hours ago