Iran and Oman finalize preferential trade agreement aimed at countering US economic sanctions
According to Al Jazeera, Iran and Oman have finalized a preferential trade agreement. Rabi Harvey, the head of the West Asia office of the Iran Trade Promotion Organization, stated that the agreement is expected to be submitted for parliamentary review next month. Iran has made progress in improving its border and port infrastructure to expand trade with neighboring countries. Trump once referred to the financial pressure campaign against Iran as an economic D-Day and warned that any country trading with Tehran would face severe economic consequences.