Oman, India sign cooperation pacts for tech transfer
India and Oman have entered into an agreement under which the two sides will prepare a report on nine areas of cooperation for direct investment and technology transfer between the two countries.
By PTI |
DUBAI: India and Oman have entered into an agreement under which the two sides will prepare a report on nine areas of cooperation for direct investment and technology transfer between the two countries.
Oman's official news agency said the agreement was signed at the Office of Omani Ruler Sultan Qaboss's Advisor for Economic Planning Affairs Mohammed bin Al Zubair, while Montek Singh Ahluwalia, Deputy Chairman of Planning Commission, signed as representative of Prime Minister Manmohan Singh.
The Supreme Committee for Promoting the Economic Relations between Oman and India was established under a directive of Sultan Qaboos bin Said and Prime Minister Singh during the latter's visit to the country in 2008 as part of measures to enhance and promote economic cooperation between the two sides.
Zubair and Ahluwalia were assigned the task to set up a committee to prepare a report on mutual cooperation between the two countries, after the prime minister visited Oman.
Speaking on the occasion, Mohammed bin Al Zubair said: "The report shows fields upon which economic and trade relations can be expanded not only between the governments of the two countries, but also between the private sector in the Sultanate and the Republic of India".
Oman's official news agency said the agreement was signed at the Office of Omani Ruler Sultan Qaboss's Advisor for Economic Planning Affairs Mohammed bin Al Zubair, while Montek Singh Ahluwalia, Deputy Chairman of Planning Commission, signed as representative of Prime Minister Manmohan Singh.
The Supreme Committee for Promoting the Economic Relations between Oman and India was established under a directive of Sultan Qaboos bin Said and Prime Minister Singh during the latter's visit to the country in 2008 as part of measures to enhance and promote economic cooperation between the two sides.
Zubair and Ahluwalia were assigned the task to set up a committee to prepare a report on mutual cooperation between the two countries, after the prime minister visited Oman.
Speaking on the occasion, Mohammed bin Al Zubair said: "The report shows fields upon which economic and trade relations can be expanded not only between the governments of the two countries, but also between the private sector in the Sultanate and the Republic of India".
Download
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
