Oman and India are working to deepen their economic ties, focusing on expanding cooperation in trade, investment, transport, and energy sectors. This initiative was the central theme during the 15th session of the Strategic Consultation Group meeting held in New Delhi on Wednesday.
The discussions were centered around the implementation of the Comprehensive Economic Partnership Agreement (CEPA), with the goal of boosting bilateral trade and investment. The agreement aims to create new opportunities for economic cooperation between the two countries.
Officials from both nations reviewed potential collaborations in civil aviation, maritime transport, logistics, and energy. These sectors are seen as key areas for development and growth in the bilateral relationship.
In addition to economic matters, the meeting also addressed consular issues, bilateral agreements, and regional developments, indicating a comprehensive approach to strengthening ties. These discussions reflect a mutual interest in broadening cooperation across various sectors.
The meeting underscored the commitment of Oman and India to fostering a stronger economic partnership, with concrete steps being taken to implement agreements and explore new avenues for collaboration.