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India trade deals: India keen on trade deals with Britain, Oman early in Modi's probable third term, sources say

Indian Prime Minister Narendra Modi plans to prioritize finalizing free trade agreements with Britain and Oman in the first 100 days of his potential new term, as per government sources. Talks with both nations are at advanced stages, aiming to boost India s integration into global trade. ....

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Driving in the FTA Lane: India is in talks with 50 nations, but how many pacts will it sign in 2024?

India is actively engaged in ongoing FTA negotiations with multiple countries and blocs, including Oman, the UK, the EU, Canada, and various Indo-Pacific Economic Framework (IPEF) partner countries. The negotiations focus on market access, compliance with environmental and labour standards, and the reduction of high import duties. India currently has 13 functional FTAs and aims to tap into the large and rapidly growing market of 1.4 billion people. The apparel sector expects game-changing opportunities with FTAs with the UK and the EU, while the gem and jewellery sector anticipates a significant boost in exports through an FTA with the EU. FTAs have become the mainstay of India s trade policy, offering both economic gains and geostrategic dividends. ....

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India, Oman adopt vision document to expand ties; resolve to conclude trade deal soon

The two sides also announced the third tranche of Oman-India joint investment fund worth USD 300 million (around Rs 2,500 crore) that would be used for channelising investment into the fastest growing sectors of the Indian economy. ....

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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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