Cabinet may clear India-Oman FTA this week
New Delhi, Dec. 11 -- The Union Cabinet on Friday may consider the draft proposal of the India-Oman free trade agreement, and is likely to approve the deal before Prime Minister Narendra Modi's visit to the country next week, people aware of the development said.
The Prime Minister is expected to embark on a three-nation visit that may cover Oman, Jordan and Ethiopia from December 15-18 and an announcement of the FTA is likely on December 17 in Oman, they added requesting anonymity.
An announcement of the India-Oman Comprehensive Economic Partnership Agreement (CEPA) and its formalization would, however, depend on the Cabinet's approval this week, they said.
The Cabinet is expected to meet on Friday, but the government may not comment on th...
To read the full article or to get the complete feed from this publication, please
Contact Us.