India & Oman will work to roll out trade pact in three months: Piyush Goyal

India and Oman are set to implement a free trade agreement in the next three months. This pact allows Indian firms to employ 100% Indian staff for their investments in Oman. Oman offers zero-duty access on over 98% of its tariff lines for Indian exports. Indian businesses can invest in sectors like steel, energy, education, […]

India has authorized Russia’s Sberbank to import gold into the country. This inclusion is effective from June 25, 2025, until March 31, 2026. Sberbank joins Indian Overseas Bank and Union Bank of India on the list of gold importers for Fiscal Year 2026.

India will soon remove import duties on several Omani products. This is part of a new trade agreement, the CEPA, signed recently. Goods like crude oil, LNG, and urea will see duty cuts. The agreement aims to boost trade between the two nations. Implementation is expected within three months. This move will benefit both Indian […]

An MoU was inked in this regard between the two countries. The JTIC will serve as a dedicated mechanism to review bilateral trade relations, promote two-way investments, address investment and trade barriers, and explore collaboration in sectors of mutual interest.

The pact would help Indian exporters, reeling under the impact of 50% tariffs imposed by the Trump administration on Indian goods, to diversify shipments in West Asia region, a gateway to Africa and Europe. Oman has offered to ease norms for Indian companies operating in the Gulf country under the CEPA allowing them to employ […]

India and Oman have taken a significant step together by signing a Comprehensive Economic Partnership Agreement, alongside a Joint Vision Document dedicated to Maritime Cooperation. This alliance is designed to elevate trade and investment flows, while also fortifying their strategic connections. Important dialogues addressed themes of energy, defense, and cultural exchanges, illustrating the depth of […]

India’s economy is growing strong. New trade deals with Oman and the UK are boosting exports. Domestic reforms are making businesses more competitive. This strategy helps India navigate global trade challenges. Exports are up, and the trade deficit is shrinking. India is becoming a reliable global trading partner.

India and Oman have signed a new trade agreement. This pact grants duty-free access to Oman for Indian agricultural and processed food products. Items like honey, cashews, and meat will benefit. Indian consumers will also see cheaper dates from Oman. This agreement is expected to significantly boost India’s exports to Oman.

The United States regards India as a crucial potential partner in efforts to secure global supply chains for artificial intelligence and semiconductors, a senior American official has said, whilst dismissing suggestions that political tensions prevented India’s participation in a recent Washington summit.