The Sultanate of Oman, represented by the Ministry of Commerce, Industry and Investment Promotion, took part today in the opening ceremony of “Iran Expo 2023”.

The expo sees a turnout of more than 750 Iranian companies and other companies that showcase products from various sectors, including industry, medicine, household appliances, foodstuffs and petrochemicals.

The Omani delegation was headed by Qais Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion. Also present at the event were Ibrahim Ahmed Al Mu’aini, Ambassador of the Sultanate of Oman to the Islamic Republic of Iran, Faisal Abdullah Al Rawas, Chairman of Oman Chamber of Commerce and Industry (OCCI), and a number of Omani businessmen.

Iran Expo 2023 is an opportunity to learn about Iranian industries, develop exports and open up new markets for Omani companies and investors. It offers further options to augment the volume of investment, diversify sources of import and export, forge strategic economic partnerships, and facilitate the smooth flow of goods and products between the two countries.

During its participation in the expo, the Omani delegation visited a number of Iranian factories, learned about investment opportunities in various fields and organized meetings among Omani and Iranian businessmen.

A meeting was held with several Iranian companies that expressed keenness to enter into partnerships with Omani companies.

During 2022, total Omani imports from Iran during 2022 stood at RO 113 million, while the value of total exports to Iran amounted to RO 207 million.

Source: Oman News Agency