Key Points
India and Oman are close to concluding talks on a trade deal that will allow easier access of goods and services into each others markets, officials familiar with the matter said, further cementing the South Asian nations presence in the Gulf region...
The two sides have reached consensus on a majority of the issues in the comprehensive economic partnership agreement and the talks are likely to conclude soon, the people said, asking not to be identified because the discussions are private..
A deal could be finalized as early as March, one of the people said.. Bloomberg..
New Delhi wants lower tariffs on exports to Oman ranging from rice and pharmaceuticals to petroleum and steel products, the people said..
The two sides started talks on the trade pact just three months ago, and their haste in completing the deal shows Prime Minister Narendra Modis determination in building stronger links with the Middle East..
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