India and Oman discuss trade, investment, food security, and CEPA progress during the 11th Joint Commission Meeting in Muscat.
India and Oman have reinforced economic ties through the 11th Joint Commission Meeting (JCM), co-chaired by Commerce and Industry Minister Piyush Goyal and Omani counterpart Qais bin Mohammed Al Yousef. The discussions focused on trade, investment, technology, food security, and renewable energy.
A key highlight was the progress on the India-Oman Comprehensive Economic Partnership Agreement (CEPA), with both sides aiming for an early conclusion. A protocol was also signed to amend the Double Taxation Avoidance Agreement (DTAA), enhancing tax cooperation.
Goyal met senior Omani leaders, including the Deputy Prime Minister and Finance Minister, and addressed business forums to promote investment opportunities. He also engaged with Omani CEOs and visited cultural landmarks, underscoring the deep-rooted India-Oman ties.
The visit reinforced bilateral cooperation, paving the way for expanded trade and strategic partnerships between the two nations.