India: The anticipated India-Oman comprehensive economic partnership agreement remains close to signing, BusinessLine Online News has reported. Nonetheless, ‘one issue’ reportedly still requires ‘ironing out.’ This is the Indian government’s rejection of Oman's Omanisation policy, which is continually increasing the proportion of Omani nationals required to be employed in the country’s industries. The Indian government has asked for a freeze to the requirements, which works to the exclusion of the Indian expat community in Oman, it says.
Bilateral trade between India and Oman was worth US$8.9bn in 2024. Gypsum is among the key Indian imports from Oman.
