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Searched Tag: india oman

India-Oman held discussions on strategic ties, Gaza & Red Sea situation

February 27, 2024, 10:26 PM - 2 min read

The two sides discussed the regional security situation resulting from the Gaza conflict, including in the Red Sea, the officials noted.

India and Oman are on the brink of sealing a comprehensive economic partnership agreement aimed at bolstering trade and commerce between the two nations.

India closes in on trade deal with Oman as Mideast ties strengthen

February 27, 2024, 02:46 PM - 2 min read

From India's perspective, the focus lies on securing reduced tariffs on exports to Oman, spanning an array of sectors including rice, pharmaceuticals, petroleum, and steel. Additionally, India aims to facilitate easier access for its professionals, including doctors, nurses, engineers, and other skilled workers, into the Omani market.

According to a report, India's proposed trade agreements with the UK, Oman and four European nation bloc EFTA will reflect its commitment to trade liberalisation and economic integration

India's trade pacts with EFTA reflects positive signal of economic integration: GTRI

February 23, 2024, 11:30 AM - 2 min read

"Everyone wants to do an FTA with India. The main reason for this is India's high import duties, which make it difficult for these countries to access India's large and rapidly growing market," the report said. It added that these three pacts with UK, Oman, and the European Free Trade Association (EFTA) also reflect a shift in India's focus from east to west in terms of preferential trade partnerships.

India is keen to finalise the trade pact with Oman, before the model code of conduct (MCC) kicks-in ahead of its general elections, making the timing of the finalisation of the proposed deal crucial

India-Oman free trade agreement edges closer

February 22, 2024, 02:25 PM - 2 min read

The imminent signing of the India-Oman Comprehensive Economic Partnership Agreement (CEPA) is strategically timed, with efforts underway to conclude the agreement prior to India's forthcoming general elections, which are expected to be announced imminently.

India and Oman to shortly begin their FTA negotiations from Jan 16, officials have confirmed the progress

India and Oman FTA negotiations set to begin, officials confirms progress

January 9, 2024, 11:30 AM - 2 min read

"The negotiations are progressing well. Two rounds of in-person negotiations and many inter-sessional meetings have already been held. Good progress has been made on all the chapters covered under the CEPA," the official affirmed.