India has strengthened its trade ties over the past five years, signing five major Free Trade Agreements (FTAs) and progressing on several new deals, Minister of State for Commerce and Industry Jitin Prasada informed the Rajya Sabha in a written reply this week.
Union Minister of Commerce and Industry Piyush Goyal visited Oman on January 27-28 and co-chaired the 11th Session of the India-Oman Joint Commission Meeting (JCM).
In a post on X (formerly Twitter), Goyal wrote that the talks focused on advancing negotiations on the Comprehensive Economic Partnership Agreement (CEPA), strengthening trade and investment ties, and exploring avenues to further deepen the bilateral partnership.
As per the statement, negotiations on the text of the India - Oman CEPA have been largely completed. The leaders exhorted their respective negotiators to conclude discussions on the remaining issues paving the way for the early conclusion of India-Oman CEPA negotiations and signing of the Ag
The negotiations between India and Oman for a Comprehensive Economic Partnership Agreement have only recently started and have made substantial progress in the last few rounds of discussion, Foreign Secretary Vinay Kwatra said on Saturday.