01 January 2016
Tehran -- The Managing Director of Qeshm Free Zone organisation in Iran, Hameedreza Moamenee, has announced the inauguration of connection of marine navigation net in Iran's Qeshm Island with Khasab Port in Oman by January 20.

Moamenee, during a meeting with Sultanate's Ambassador in Tehran Saud bin Ahmed al Birwani, said that Iran and Oman are working currently on paving the way for promoting economic activities in the context of the joint economic programme.

He pointed out the possibilities of tourism that Qeshm Island is enjoying and added that expanding tourism offices shall contribute to bolstering trade exchange.

He talked about the unjust sanctions against his country and added that it would be possible to seize this opportunity by attracting Omani and other regional investors in the oil and gas sector.

The Omani ambassador said that the Sultanate government is willing to develop economic cooperation with Hormuzgan province on oil & gas swap and tourism.

He made the remarks in a meeting with the Managing Director of Qeshm Free Zone and senior officials of the organisation.

The ambassador said that more than 80 per cent of executive works for oil and gas swap from Qeshm Island to Omani port of Sahar have been carried out.

Al Birwani said that closeness and geographical vicinity between Oman and Iranian Qeshm Island has prepared the ground for trade and swap of oil & gas and tourism cooperation.

With the termination of sanctions on Iran in the coming days, an opportunity to increase bilateral trade exchanges will emerge, the ambassador said.

Referring to enhanced level of diplomatic ties between Oman and Iran during the past two years, he expressed hope that the new year would witness a boom in trade and commerce.

The ambassador said the Omani port of Sohar attracted $13 billion in foreign investment.

An Omani economic delegation met with the Managing Director of Qeshm Free Zone in September last to negotiate establishment of direct shipping lane between the Sultanate and Qeshm Island.

Qeshm Island is located 60 kilometres north of Oman. In September, a shipping lane was inaugurated between Bandar Abbas Port in Iran and Sohar Port & Free Zone in Oman.

© Oman Daily Observer 2016