India Oman Information: India, Oman to carry assembly to spice up eco ties on Wednesday

Commerce and trade ministers of India and Oman will maintain a gathering right here on Wednesday to debate methods to additional enhance financial ties between the 2 international locations, an official assertion mentioned on Tuesday. Oman’s Commerce, Trade and Funding Promotion Minister Qais bin Mohammed al Yousef is main a high-level multi-sectoral delegation to India from Could 10-14, the commerce ministry mentioned in an announcement.

The 48 members delegation contains senior officers and enterprise representatives from numerous areas, spanning well being, prescription drugs, mining, tourism, power, transport, telecommunication and actual property, it added.

“In the course of the go to, senior officers from each the edges can be collaborating within the tenth Session of the India-Oman Joint Fee Assembly (JCM) to be held on Could 11,” in line with the assertion.

The assembly can be co-chaired by Commerce and Trade Minister Piyush Goyal and his Omani counterpart.

The bilateral commerce between the 2 international locations has risen by 82 per cent to USD 9.94 billion in 2021-22.

On Could 12, a gathering of the India-Oman Joint Enterprise Council (JBC) will probably be collectively organised by Ficci and Oman Chamber of Commerce and Trade.

“Quite a few different engagements in New Delhi and Mumbai, together with B2B occasions, trade interactions, Investor conferences and so forth are scheduled for the visiting Omani delegation throughout their keep in India,” it added.

Main objects of Indian exports to that nation embody mineral fuels, textiles, equipment, electrical objects, chemical compounds, iron and metal, tea, espresso, spices, rice, meat merchandise and seafood.

Main imports embody urea, LNG, polypropylene, lubricating oil, dates and chromite ore.
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