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Friday, August 7, 2009

Oman and Iran signed a number of agreements

7 August 2009

MUSCAT — Oman and Iran have signed an agreement for security cooperation, signed in Teheran on Wednesday on the second and final day of an official visit to Iran by His Majesty Sultan Qaboos bin Said.

The deal, signed by Minister Responsible for Foreign Affairs Yusuf bin Alawi bin Abdullah with Iran’s Foreign Minister Manouchehr Mottaki, covers exchange of information and combating infiltration, smuggling and other crimes.

The two ministers also signed a memorandum of understanding (MoU) for the establishment of a Centre of Education for the Persian language in Muscat under the supervision of the Ministry of Education, Oman, and an executive programme for cooperation in the cultural, scientific, educational, media, social and sports fields.

Also on Wednesday, Maqbool bin Ali Sultan, Minister of Commerce and Industry and Chairman of Oman Oil Company (OOC), and Ghulam Hussein Nozari, the Iranian Oil Minister, signed an accord to avoid double taxation between their countries.

Meanwhile, OOC and Hirbodan EPC of Iran signed an MoU to build a power plant at the Queshm Free Zone in Iran. It was signed by Sultan with Said Marjaffi, Chairman of Hirbodan.

As per terms of the MoU, a gas-operated thermal plant will be built to generate 500 MW of electricity. Sultan said the agreements reflected the “depth of relations between the two countries,” adding that the power project would be of “great benefit to the Iranian people and will consolidate OOC’s presence in Iran.”

OOC was set up in 1996 as a government-owned company for investment in energy field within and outside the Sultanate. Hirbodan EPC is a private sector company established in 2000 by Iranian investors.

Another pact was signed to promote bilateral economic cooperation. It will set up a mechanism for pricing gas, follow up MoUs on environmental, technical and vocational cooperation and explore the possibility of setting up an industrial unit for production of urea and ammonia.
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