Oman Iran Joint Business Council deal

The Omani-Iranian Joint Business Council today signed a memorandum of understanding (MoU) with Iran Khodro Industrial Group. The signing took place during the current official visit of His Majesty Sultan Haitham bin Tarik to the Islamic Republic of Iran,

The MoU relates to conducting an economic and commercial feasibility study on finding a suitable platform for selling cars and after-sales service for them.

The MoU was signed by Mohammed Abdul Hussein Baqir, Head of the Omani side in the business council and Alimardan Azimi, CEO of Iran Khodro Industrial Group.

The signing ceremony was attended by Qais Mohammed Al Yousuf, Minister of Commerce, Industry and Investment Promotion, and Mahdi Niazi, Acting Minister of Industry, Mines and Trade in Iran.

This is an unofficial English version of an Arabic report. To view the official Arabic text, click here.