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Oman keen on FTA with India

Our Bureau

New Delhi, Sept. 4

Oman is interested in developing a Free Trade Agreement (FTA) with India, said Mr Maqbool Ali Sultan, Minister of Commerce and Industry, Oman.

While speaking at a meeting with an Omani business delegation organised by the Confederation of Indian Industry (CII) on Monday, he said the proposed FTA would create a framework for business growth and facilitate macro-economic stability and joint ventures.

Mr Sultan said there was potential for cooperation between Indian and Omani companies in the fields of information technology, tourism and human resources development and training and knowledge based industries such as ICTs, pharmaceuticals and biotechnology.

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