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Oman, Iran Expand Oil Cooperation

Omani Minister of Oil and Gas Muhammad bin Hamad bin Sayf al-Rumhi held talks with Iran's Foreign Minister Manouchehr Mottaki

Oman, Iran Expand Oil Cooperation

Omani Minister of Oil and Gas Muhammad bin Hamad bin Sayf al-Rumhi held talks with Iran's Foreign Minister Manouchehr Mottaki Monday on expansion of economic cooperation between the two countries.

At the meeting, Mottaki said the two sides' investors should be encouraged to invest in each other's infrastructure projects.

Mottaki as head of Iran-Oman Joint Economic Commission, described the two sides' cooperation as very promising and said the two countries should prepare grounds to encourage their investors to seize opportunity for investment.

The Omani minister, for his part, described the two sides' relations as source of pride and said the current volume of trade exchanges between the two countries is not in conformity with the level of political ties between the two states.

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