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Iran, Oman sign 4 documents to boost economic cooperation

Senior delegations of Iran and Oman hold talks in Tehran on May 28, 2023. (Photo by

Iran and Oman on Sunday signed four documents to improve cooperation in various sectors amid an official visit to Tehran by Oman’s Sultan Haitham bin Tariq Al Said.

Tehran and Muscat will boost collaboration in the economic, energy and investment fields as well as free zones.

The documents were inked by Iranian ministers of petroleum, economic affairs and finance as well as the secretary-general of the Supreme Council of Free Trade-Industrial and Special Economic Zones and Omani minister of energy, finance and trade.

At a press conference with his Omani counterpart, Iranian Foreign Minister Hossein Amir-Abdollahian said, in addition to the four documents, leaders of Iran and Oman seek to finalize a comprehensive strategic cooperation agreement in the near future.

Trade exchanges between Iran and Oman have more than doubled since President Raeisi paid a visit to Muscat last May, when 12 cooperation documents were signed, Amir-Abdollahian said.

He expressed hope that the new cooperation agreements will further boost the growing trade between the two countries. 

He said Iran and Oman agree on the need to improve shipping cooperation and activate the capacity of the two countries' ports.

The top Iranian diplomat added that the implementation of the Ashgabat agreement and the establishment of a four-way transit route between Iran, Oman, Turkmenistan and Uzbekistan were among other important issues discussed with the Omani delegation.

The Ashgabat agreement is a multimodal transport agreement between Kazakhstan, Uzbekistan, Turkmenistan, Iran, India, Pakistan, and Oman aimed at creating an international transport and transit corridor to facilitate trade between Central Asia and the Persian Gulf.

Omani Foreign Minister Badr Al Busaidi, in turn, emphasized that Sultan Haitham’s visit to Iran marks a new phase in bilateral relations, and signifies the continuation and depth of ties between the two allies.  

The Omani Sultan arrived in Tehran earlier in the day at the head of a high-ranking delegation at the invitation of Iranian President Ebrahim Raeisi.

Sultan Haitham’s visit to Tehran marks a significant milestone in relations between the two regional allies, opening new avenues for closer diplomatic cooperation.

Oman has long been an interlocutor in interactions between the West and Iran. The country has mediated the release of several foreign citizens and dual nationals.

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