Piyush Goyal to visit Oman, India-Oman trade pact talks to get push

The talks on India-Oman Comprehensive Economic Partnership Agreement (CEPA), are likely to get further impetus during commerce and industry minister Piyush Goyal’s visit to Oman this week, the government said Sunday.
Goyal will visit Oman from January 27-28 for the 11th Joint Commission Meeting with Qais bin Mohammed bin Moosa al-Yousef, minister of commerce, industry and investment promotion, Oman.

“The talks on India-Oman CEPA which are at an advanced stage are likely to get further impetus during the visit. Both sides are negotiating and exploring a commercially significant, balanced, equitable, ambitious and mutually beneficial CEPA,” the commerce and industry ministry said in a statement.


During the visit, the two leaders are expected to hold wide ranging discussions on trade and investment and the global economic situation, it said.

“This visit underscores the importance that India attaches to its trade and investment ties with Oman, one of our important trading partners in the Gulf Cooperation Council (GCC) with bilateral trade estimated at over $8.94 billion in 2023-2024,” it said.

On the sidelines, Goyal is also expected to meet Sultan bin Salim Al Habsi, Minister of Finance & Chairperson of the MinisterialCommittee for CEPA, Ali bin Masoud Al Sunaidy, President, Public Authority for Special Economic Zones & Free Zones apart from holding interactions with representatives of Oman industry and Indian community.