Jamal Razaghi informed Tasnim information company that the worth of Iran-Oman commerce exchanges reached $1 billion, up from round $600 million inside a interval of 1 yr.
The 2 sides, he stated, are working to convey the determine to $2 billion within the close to future.
Razaghi attributed the expansion in commerce ties with Oman to stage of political relations between the 2 nations.
The administration of President Ebrahim Raisi has positioned neighborly cooperation excessive on its international coverage agenda.
Iran’s financial cooperation with Persian Gulf Arab neighbors is anticipated to see a big increase within the wake of a reconciliation cope with Saudi Arabia, which was introduced earlier this month.