Mining Cooperation Deal Signed With Oman

EghtesadOnline: Iran-Oman Chamber of Commerce has signed a memorandum of understanding with Iran Mine House to promote the presence of Iran’s mining companies in the neighboring country, improve mineral exports through Oman, facilitate joint investments and form specialized mining committees.

News ID: ۷۵۰۶۰۴

03 August 2020

Referring to Oman’s Ninth Five-Year Development Plan (2016-20) that focuses on the development of non-oil sectors such as transportation, logistics, tourism, fisheries and mining, Mohsen Zarrabi, the head of Iran-Oman Chamber of Commerce, said the Omani government aims to undertake significant upstream and downstream activities related to mining.

With the new MoU, the chamber of commerce intends to improve dissemination of information regarding Oman’s projects, tenders and exploration opportunities to Iran Mine House and vice versa, send commercial delegations to exhibitions, facilitate the negotiations of economic players of Iran Mine House with Oman, offer consultations and hold courses on Oman’s rules and regulations, among other services.

Mohammad Reza Bahraman, the head of Iran Mine House, said the MoU would definitely pave the way for better cooperation between IMH and other joint commerce chambers.

“IMH has representatives in 31 provinces. It has established an international law institute for promoting mining activities in Oman. Iran-Oman Chamber of Commerce and Iran Mine House will complement the economic activities of each other in Oman,” he said.