Iranian deputy foreign minister Kazem Gharibabadi on Thursday said that Tehran has nearly completed its first draft to establish a new navigation regime in the Strait of Hormuz.In an interview with the Sputnik, Gharibabadi said that Tehran is planning to begin talks with Oman to develop a joint solution.

"The draft of this protocol is currently in the final stages of preparation. Once we have it ready, we will begin negotiations with Oman so that we can draft a joint protocol," Gharibabadi said.Gharibabadi said that the new protocol will require all vessels to have necessary agreements with the coastal states - Iran and Oman.

He added that security of the strait will be ensured, and Iran and Oman will bear greater responsibility for it.The requirements will not be applied in the form of restrictions, but rather with the aim of facilitating traffic and ensuring the safe passage of ships, as well as providing services to ships wishing to pass through the Strait of Hormuz without any problems, the deputy foreign minister said.