Modi Highlights India's Economic Growth and Trade Ties in Oman
During his recent visit to Oman, Prime Minister Modi emphasized India’s status as the fastest-growing major economy, with GDP growth exceeding 8%. This visit, part of a broader diplomatic tour, culminated in the signing of a Comprehensive Economic Partnership Agreement, enhancing trade ties by granting duty-free access to 98% of Indian exports to Oman, expected to boost economic cooperation significantly. Modi highlighted India’s manufacturing prowess, particularly in mobile phone production, and praised the Indian diaspora in Oman for strengthening bilateral relations. The tour also involved deepening partnerships with Jordan and Ethiopia, reflecting India’s strategic focus on enhancing ties in West Asia and Africa, which is vital for reinforcing regional influence and economic resilience amid global challenges.
