India-Oman FTA
India, Oman to sign free trade agreement Thu, says Commerce Minister Goyal
This story was originally published at 16:34 IST on 17 December 2025
Register to read our real-time news.Informist, Wednesday, Dec. 17, 2025
--Minister Goyal: Will execute India-Oman FTA with my counterpart Qais Thu
--CONTEXT: Minister Goyal's comments at India-Oman Business Forum in Muscat
NEW DELHI – India will sign and execute the free trade agreement with Oman on Thursday, Commerce Minister Piyush Goyal said Wednesday. Goyal will sign the deal with his Omani counterpart Qais Mohammed Al Yousef.
In India, the Union Cabinet clears free trade agreements, while in Oman, the Shura Council, Oman's Lower House, approves trade deals. With the approvals in place, the trade pact can be implemented immediately upon signing.
Prime Minister Narendra Modi is expected to be in Muscat at the signing of the Comprehensive Economic Partnership Agreement. This will mark India's second free trade agreement with a member state of the Gulf Cooperation Council, following the pact with the United Arab Emirates.
New Delhi and Muscat concluded negotiations on the trade pact in August, following two years of discussions. Oman's total trade with India in 2024-25 (Apr-Mar) was $ 10.96 billion, including Indian exports of $4.41 billion. End
US$1 = INR 90.38
Reported by Krity Ambey
Edited by Saji George Titus
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2025. All rights reserved.
To read more please subscribe
Share this Story:
