The Omani ruler began his three-day state visit to India on Friday.
The two sides are in talks for a comprehensive economic partnership agreement, which is expected to vastly reduce or eliminate customs duties on most goods traded between them and which will likely receive a push from the sultan's visit.
This is Sultan Haitham Bin Tarik's first state visit to India since he ascended the throne in 2020. It is also the first visit by an Omani ruler to India since 1997.
"India can hope to radically increase its exports post FTA, as currently over 80% of its goods enter Oman at an average 5% import duties, and there are not many trade barriers," a report by think tank Global Trade Research Initiative said.
هذه القصة مأخوذة من طبعة December 16, 2023 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة December 16, 2023 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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