An official statement said that the commerce and industry ministers from India and Oman would meet here on Wednesday to discuss further ways to strengthen economic ties between the two countries. Oman’s Minister of Commerce, Industry and Investment Promotion Qais bin Mohammed al Yousef will lead a multi-sectoral high-level delegation to India from May 10 to 14, Oman’s Ministry of Commerce said in a statement.
The 48-person delegation included senior officials and business representatives from various fields, including health, pharmaceuticals, mining, tourism, energy, shipping, telecommunications and real estate. “During the visit, senior officials from both sides will participate in the 10th India-Oman Joint Committee Meeting (JCM) on May 11,” the statement said.
The meeting will be co-chaired by Minister of Commerce and Industry Piyush Goyal and his Omani counterparts. In 2021-22, the bilateral trade volume between the two countries will increase by 82% to $9.94 billion. On May 12, the India-Oman Joint Business Council (JBC) meeting will be jointly organised by Fitch and the Oman Chamber of Commerce and Industry.
- How to choose the Best Stocks for Intraday F&O trading in India?
- Vedanta Outlook for the Week (May 06, 2024 – May 10, 2024)
- Tata Steel Outlook for the Week (May 06, 2024 – May 10, 2024)
- PFC Outlook for the Week (May 06, 2024 – May 10, 2024)
- Piramal Enterprises Outlook for the Week (May 06, 2024 – May 10, 2024)
“The visiting Omani delegation has many other activities planned in New Delhi and Mumbai during their stay in India, including B2B events, industry interactions, investor conferences and more,” it added. India’s major exports include fossil fuels, textiles, machinery, electrical appliances, chemicals, steel, tea, coffee, spices, rice, meat products and seafood. Major imports include urea, LNG, polypropylene, lubricants, dates and chromite.