Muscat, Dec. 17 -- India-Oman Free Trade Agreement will open up significant opportunities across sectors, including textiles, food processing, automobiles, gems and jewellery, agrochemicals, renewable energy and auto components. This was stated by Union Minister of Commerce and Industry, Piyush Goyal, while addressing the India-Oman Business Forum in Muscat on Wednesday.

Minister Goyal highlighted Oman's strategic location as a gateway to the Gulf Cooperation Council (GCC), Eastern Europe, Central Asia and Africa, which offers enhanced market access for Indian businesses.

Minister of Commerce, Industry and Investment Promotion of Oman, Qais Al Yousef in his address said that India has emerged as Oman's third-largest trading partner and ...