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World News | Indian Goods Worth USD 3 7 Billion Entering Oman to Get Boost by Free Trade Agreement: GTRI Report

Get latest articles and stories on World at LatestLY. Over 83.5 per cent of Indian goods worth USD 3.7 billion such as gasoline, iron and steel, electronics, and machinery will get a significant boost in Oman, once both sides reach a comprehensive free trade agreement, a report said on Tuesday. World News | Indian Goods Worth USD 3.7 Billion Entering Oman to Get Boost by Free Trade Agreement: GTRI Report.

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India Oman ties: Indian goods worth USD 3 7 billion entering Oman to get boost by free trade agreement: GTRI report

India and Oman are in the process of negotiating a Comprehensive Economic Partnership Agreement (CEPA), and a report by think tank Global Trade Reproach Initiative (GTRI) highlights that over 83.5% of Indian goods, worth $3.7 billion, such as gasoline, iron and steel, electronics, and machinery, could receive a significant boost in Oman once the agreement is reached.

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Indian goods worth $3 7 billion entering Oman to get boost by free trade agreement: GTRI report

According to the - India-OMAN CEPA: Gateway to Middle Eastern Markets and Beyond - report, prepared by think tank Global trade Reproach Initiative (GTRI), these goods at present face a 5 per cent import duty in Oman.

United kingdomAjay srivastavaReproach initiativeDrug administrationGulf cooperation councilEuropean medicines agencyMiddle eastern marketsFounder ajay srivastavaBoth omanMiddle eastern

Indian goods worth $3 7 bn entering Oman to get boost by free trade agreement: GTRI

Indian goods worth $3 7 bn entering Oman to get boost by free trade agreement: GTRI
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Indian goods worth USD 3 7 billion entering Oman to get boost by free trade agreement: GTRI report

Indian goods worth USD 3 7 billion entering Oman to get boost by free trade agreement: GTRI report
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