Oman is set to ink a trade agreement with India within two months,Reuters reported on Saturday, citing two unnamed Indian government officials. India is seeking to expand its ties with the region, and the move “will help India with a strategic partner and access to key routes in a volatile region,” an official told the newswire. Oman has agreed to remove duties on Indian exports worth an annual USD 3 bn, the newswire said. The agreement needs approval from whichever government wins India’s ongoing national elections.
IN OTHER OMAN NEWS- Egypt inked an air transport agreement with Oman to boost cooperation in aviation, according to a statement released last week. The pair agreed to launch an air freight cooperation project where they will be exchanging experience, training, technical support, and maintenance services. The agreement also aims to increase overall air traffic between the two nations by creating an airspace that is more accessible and attractive for aviation players.
UAE, Kuwait to collaborate in civil aviation: Director General of the General Authority of Civil Aviation Saif Al Suwaidi met on Saturday with Kuwait’s Head of the General Administration of Civil Aviation Humood Al Sabah and his delegation to discuss ramping up cooperation between the two countries in civil aviation, Al Bayan reported on Saturday. The Kuwaiti delegation also toured the Sheikh Zayed Air Navigation Center in Abu Dhabi on the sidelines of their visit.
OTHER STORIES WORTH KNOWING THIS MORNING-
- Iran + Pakistan look to strengthen ties: Iran and Pakistan’s private sectors are calling for the finalization of a trade agreement and a joint trade zone between the two countries. (Tehran Times)