Iranian minister of industry, mine, and trade Reza Fatemi-Amin and Omani Minister of Commerce, Industry, and Investment Promotion Qais bin Mohammed Al Yousef on Monday signed a memorandum of understating.

Fatemi-Amin met and held talks with Qais bin Mohammed Al Yousef in Muscat on Monday.

The two sides signed a memorandum of understanding on the comprehensive development of trade cooperation between the two states.

Iran’s President Ebrahim Raisi arrived in Oman on Monday for a one-day visit to meet the Omani sultan and senior officials to expand relations.

Raisi will be accorded official reception shortly in Al-Alam Palace where he is expected to meet with Oman's Sultan Haitham bin Tarik Al Said.

The President will also have meetings with Oman's prime minister and foreign minister, Iranians residing in Oman, and Omani businesses.

The presidential visit is aimed at improving bilateral ties with Oman on such areas as trade, transportation, energy, tourism, and health tourism