India nearing free trade deal with Oman, minister says after UK pact

NEW DELHI: India’s free trade agreement with Oman is almost finalized, Commerce and Industry Minister Piyush Goyal has announced, only days after New Delhi signed a long-awaited trade pact with the UK. Negotiations between India and Oman on a comprehensive economic partnership agreement formally began in November 2023, with the first round in New Delhi and the second in Muscat. When the talks concluded in March 2024, Oman sought revisions on market access terms and the final signature was postponed.

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