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Number Seven Thousand Two Hundred and Eighty Nine - 11 May 2023
Iran Daily - Number Seven Thousand Two Hundred and Eighty Nine - 11 May 2023 - Page 6

Iran, Saudi Arabia discuss boosting maritime trade: Official

The deputy CEO of Iran’s Ports and Maritime Organization (PMO) said talks have been held with Saudi Arabia for the development of maritime trade.
Majid Ali-Nazi made the remark on Wednesday and added that the development of maritime trade constitutes a major part of the enhancement of ties between Iran and Saudi Arabia, according to Tasnim News Agency.
“We are planning to launch various expert-level meetings with Saudi officials so that a strategic program will be compiled between the two sides in the coming months in line with developing ports and shipping lines,” Ali-Nazi continued.
He pointed to the development of investment within the framework of joint ventures and stated that this issue will probably be considered as one of the major programs to be implemented between the two countries.
The official said talks are underway with Oman and Qatar for investing in Iran and various expert-level negotiations have been conducted with the Caspian Sea littoral states in this regard as well.

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