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India closes in on Oman trade deal as Mideast ties strengthen
Credit: IndiaTimes- Published on February 27, 2024
India and Oman are close to concluding talks on a trade deal. Oman's strategic location near the Strait of Hormuz makes it crucial for India. Both countries want better access for a wide range of goods and services. Trade talks have been expedited recently. Oman is Indiaโs third-largest trade partner among the GCC nations.