Oman, India’s oldest strategic partner in the Gulf seeks to emerge as a hub for India for eastern Africa and the Indian Ocean Region, furthering New Delhi’s Indo-Pacific strategy. The two countries have inked a Maritime Transport Agreement.
India is among Oman’s top trading partners. For Oman, India was the 3rd largest (after UAE and China) source for its imports and 3rd largest market (after UAE and Saudi Arabia) for its non-oil exports in 2018. During 2019-20, bilateral trade was US$ 5.93 billion. Major Indian imports from Oman are urea, LNG, polypropylene, lubricating oil, dates and chromite ore.Read more…
