Iran and Oman Joint Chamber Of Commerce

Iran and Oman Joint Chamber Of Commerce

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The joint chamber of commerce of Iran and Oman aims to regulate the economic and commercial relations between the private sector of the two countries as an official and legal institution in order to facilitate commercial transactions, increase the volume of economic exchanges, joint investment between the two countries, facilitate access to secondary markets and re-exports. It has been formed through the country of Oman and the mutual introduction of the economic potentials and competitive advantages of the country of Iran. Therefore, in order to achieve the above goals and achieve the defined mission, first of all, the Council of Merchants of Iran and Oman was formed in 2005 and due to the importance of the country of Oman, based on the law and resolution of the Islamic Council and with the approval of the Supreme Council of Supervision of the Chamber of Commerce of Iran and In 2014, the Chamber of Commerce was upgraded to the Joint Chamber of Commerce of Iran and Oman. As an independent legal entity, the joint chamber, in coordination with the Iranian Chamber of Commerce, is drafting the strategy for the development of business relations between the private sector of the two countries and increasing the volume of mutual investments.

The joint chamber of Iran and Oman with more than 240 active members from large and reputable companies, and the board of directors elected by the members is a legal, registered and independent body, which according to the law of all economic relations of the private sector of the two countries through Shared room is done.
The volume of direct commercial exchanges at the time of the establishment of the chamber in 2014 was only 221 million dollars, and the volume of direct exchanges in 2018 reached one billion one hundred and sixty million, in this sector, technical and engineering services, tourism and health tourism, export of Iranian goods. From other countries to Oman and investment is not calculated.

In 2014, the necessary infrastructure for economic activists was very little and it can be said that it was zero, it was difficult to obtain a visa and register a company, banking relations between the two countries were almost cut off, and there were no airlines and sea lines between the two countries, but today with I am proud to announce that with the excellent follow-up of the senior officials and ambassadors of the two countries, the Oman Chamber of Commerce and the Iran-Oman Joint Chamber of Commerce, visas are easily issued at the airports of the two countries, the cost of issuing visas has been reduced, and the registration of companies has been facilitated. There are direct air lines between Tehran, Isfahan, Mashhad, Shiraz, Qeshm and Chabahar with Muscat and direct air lines between Iran’s ports and Suweiq, Shenas and Sohar ports in Oman.

Iranian businessmen and investors are very interested in being present in the Omani market, in cooperation with Omani businessmen, to re-export high-quality Iranian goods, including foodstuffs, while investing in the free zones of Oman, through this channel, and also preparing for joint investment in The two countries have the transfer of technical knowledge in the field of fisheries. We are also looking for win-win economic relations with Oman, and we are not interested in one-sided interests.

On the other hand, the existence of cheap and specialized manpower, with a high level of knowledge and experience, rich mineral and oil resources and cheap energy, high quality livestock and agricultural products, and very good political relations in the last 40 years and support for foreign investment. It is a suitable place for Omani investors.
At present, it is possible to receive bank facilities from the resources of the National Development Fund at a suitable rate for Omani investors to invest in Iran. The problem of providing guarantees to the banks of the two countries has been solved by signing a memorandum of understanding between the Iran Export Guarantee Fund and Credit Oman to obtain bank facilities from the banks of the two countries.

According to the Foreign Investment Protection Law (FIPA) approved by the Islamic Council, Omani investors, while receiving an investment license from the Foreign Investment Organization of Iran and political risk coverage, can establish their company in the free zones and the mainland with 100% shareholders. register Omani and benefit from the very good support of the Iranian government.
The special sector is always looking for the development of real economic activity, the joint chamber of Iran and Oman, without any slogans, emotions, presenting false statistics and figures or creating an unrealistic atmosphere, is ready to support economic activists and Omani investors and cooperate sincerely with the chamber. Oman Commerce announces

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