Indian Economy News

India & Oman will work to roll out trade pact in three months: Union Minister of Commerce and Industry, Mr. Piyush Goyal

  • IBEF
  • December 22, 2025

According to a report, Union Minister of Commerce and Industry, Mr. Piyush Goyal, has said that India and Oman will begin implementing their proposed trade agreement within three months. Both countries have expressed a commitment to swiftly implement the agreement, which is expected to boost bilateral trade and foster economic cooperation between India and Oman. The trade agreement is designed to improve access to markets for goods and services and will enhance trade ties between the two economies.
Mr. Piyush Goyal noted that the suggested Agreement is important within the context of India’s initiative to diversify its trading partners and develop its economic engagement with West Asian Countries. The Trade Pact will support exporters if it lowers their trade barriers and allows the transfer of goods. It indicates the continuing economic and trade relationship that has developed between the countries of India and Oman through their ongoing relationship of engagement and cooperation over the years. The Minister stated that both sides are working diligently together on the successful implementation of the Agreement to enhance their economies and facilitate the growth of bilateral trade and improve India’s international trade outlook.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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