New Delhi, June 3 -- India is approaching the final stages of negotiating a Free Trade Agreement with Oman, according to Commerce and Industry Minister Piyush Goyal, who suggested that an official announcement could be imminent.

The anticipated agreement is projected to substantially enhance trade and investment relationships between the two nations.

Speaking to reporters during his current official visit to France, where he is advancing Indian commercial interests, Goyal stated that positive developments regarding the Oman FTA would be announced shortly.

The minister is also set to participate in a World Trade Organisation ministerial meeting scheduled for Tuesday.

The India-Oman Comprehensive Economic Partnership Agreement negotiati...