MUSCAT: Piyush Goyal, India’s Minister of Commerce and Industry, has informed that negotiations between India and Oman for the proposed free trade agreement (FTA) are progressing, and some “good news” may come “very soon”.
The talks for the Comprehensive Economic Partnership Agreement (CEPA), formally began in November 2023. Oman is the third-largest export destination among the GCC countries for India.
“I think you will see some good news very soon on the Oman FTA,” the minister told reporters when asked whether the FTA talks with Oman can be concluded this year.
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