Head of Iran's Chamber of Commerce, Industries and Mines Mohammad Nahavandian called for promotion of mutual cooperation as well as establishment of a joint bank and shipping line with Oman. Nahavandian said that Tehran and Muscat could expand their cooperation in various fields including telecommunications, energy and cement industry.
He further added that the best and most effective way to promote regional security is to increase cooperation among all regional states.
He added that in order to have a lasting trade exchange, Iran and Oman must establish a joint shipping line as well as a joint bank.