Iran
IRANIAN TRADE DELEGATION TO ATTEND 7TH OMAN AGROFOOD EXHIBITION
The head of Iran-Oman Joint Chamber of Commerce said that a delegation of 50 Iranian businessmen and traders will be dispatched to the 7th edition of the Oman AgroFood Industries Exhibition.Jamal Rezaqi Jahromi said: "The AgroFood Oman 2025 International Exhibition, as the largest specialized event in the fields of agriculture, food industries, livestock, fisheries, and related technologies in Oman, will be held from December 1 to 3, 2025 at the Oman Convention and Exhibition Centre in Muscat."He added: "The exhibition is experiencing its seventh edition this year and is being held with the support of Oman's Ministry of Agriculture, Fisheries and Water Resources, and with the participation of companies, trade delegations, producers, and businessmen from various countries."Rezaqi Jahromi stated the primary goals of this event as strengthening food security, developing the supply chain in the agriculture and food industries sector, and creating a platform for interaction between regional and international business actors. He said: "Over the past years, the AgroFood Oman exhibition has become a reputable venue for showcasing achievements, exchanging experiences, discovering investment opportunities, and establishing joint cooperation among different countries."The head of the Iran-Oman Joint Chamber of Commerce further added: "The participation of Iranian delegations and companies in recent editions of this exhibition also indicates the high capacity of this event for developing economic relations and expanding our country's export markets."This event aims to unite government decision-makers, international stakeholders, regional buyers, traders, and innovative technology providers to actualize the Sultanate's ambitious vision for transformative advancements and sustainable growth, specifically in the agriculture, food, and fisheries industries.As previously announced by the head of the Islamic Republic of Iran Customs Administration (IRICA), Iran exported non-oil commodities valued at $591 million to Oman during the first four months of the current Iranian calendar year (March 21-July 22).Foroud Asgari said that Oman was Iran’s seventh top non-oil export destination in the four-month period.Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has proposed the creation of a joint investment fund between Iran and Oman to support industrial projects, as part of broader efforts to deepen bilateral trade and private-sector collaboration.During a meeting in Muscat, in late May, with Qais Mohammed Al Yousef, Oman’s Minister of Commerce, Industry and Investment Promotion, ICCIMA Head Samad Hassanzadeh welcomed the growth in bilateral trade, which has surpassed $2.0 billion. He emphasized that the trade volume could potentially reach between $20 billion and $30 billion, given the countries' untapped economic potential.Hassanzadeh stressed the need for a clear financial framework to facilitate transactions between private enterprises in both countries. He proposed the establishment of licensed exchange houses under central bank supervision and the implementation of a barter mechanism to ease payment challenges.The Iran Chamber head also advocated for re-exporting Iranian goods to African and East Asian markets through Oman; cooperation in supplying key industrial inputs to Iran; joint ventures in petrochemicals, hospitality, power generation, fisheries, and agriculture.He further called for the formation of an industrial and investment committee involving the industry ministries and chambers of commerce from both countries. The aim would be to evaluate and coordinate development projects, particularly those utilizing Iran's tech-savvy startups and industrial base.Hassanzadeh also proposed joint investment in the International North–South Transit Corridor (INSTC) to enhance rail and road connectivity with Central Asia and Europe, as well as the Makran coast, specifically Jask and Chabahar ports, as strategic logistics hubs providing access to the Caucasus and Eurasian markets.The visit was part of an Iranian business delegation mission to Oman, seeking to capitalize on growing economic ties and the imminent activation of the first interbank transfer mechanism between the two countries. (ICE TEHERAN)
Fonte notizia: Tehran Times