"Ithraa, Oman’s inward investment and export promotion agency and Iran’s Trade Promotion Organization recently signed a memorandum of understanding (MoU) to further broaden mutual co-operation in trade and investment. The MoU was signed by Dr Ali bin Masoud al Sunaidy, Oman’s Minister of Commerce and Industry and Eng Mohammad Reza Nematzadeh, the Islamic Republic of Iran’s Minister of Industry, Mines and Trade at the recent sixth meeting of the Oman —Iran Economic Joint Committee held in Tehran... In an effort to boost maritime trade links between the Sultanate and Iran, senior management at Ithraa’s Bandar Abbas office assisted Oman’s National Ferries Company (NFC) open a sales and service representative office in the southern Iran city." (Oman Observer, "Oman, Iran sign trade MoU," 10/13/2016).