Confirming that India and Oman will be signing a Free Trade Agreement (FTA) on Thursday (December 18, 2025), Commerce Minister Piyush Goyal said that the FTA offers “immense opportunities” in a number of sectors, including textiles, footwear, automobiles, gems and jewellery, renewable energy, and auto components.

Speaking at the India-Oman Business Forum in Muscat, Mr. Goyal added that India stands to gain in terms of the access Oman provides to other markets such as the GCC region, eastern Europe, central Asia, and Africa.

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