Prime Minister Narendra Modi concluded his Oman visit and departed for New Delhi after receiving the Order of Oman. During the visit, India and Oman signed the CEPA free trade agreement, held wide-ranging bilateral talks, and strengthened economic, strategic and people-to-people ties.
Oman and India share historic trade relations and cooperation, a bond rooted in heritage, said Omani Minister of Commerce, Industry and Investment Promotion, Qais bin Mohammed Al Yousef, at the India-Oman Business Forum.
Prime Minister Narendra Modi participated in the India-Oman Business Forum on Thursday and highlighted the several reforms which India has initiated in the last 11 years that have made it one of the most competitive markets in the world. Highlighting the importance of CEPA, he underlined
India-Oman Free Trade Agreement will open up significant opportunities across sectors including textiles, food processing, automobiles, gems and jewellery, agrochemicals, renewable energy and auto components. This was stated by Union Minister of Commerce and Industry, Piyush Goyal, while add