INDIA: H.E. Dr. Ali Masoud Al Sunaidi, the Chairman of the Public Authority for Special Economic Zones and Free Zones (OPAZ), met with H.E. Piyush Goyal, India’s Minister of Commerce and Industry, on January 28. The meeting focused on strengthening economic ties and exploring opportunities for collaboration between Oman and India. Both leaders acknowledged the importance of bilateral relations, particularly in the fields of trade, investment, and economic development. This meeting marked another milestone in fostering closer ties between the two countries.
During the discussions, both sides emphasized the importance of enhancing economic cooperation, particularly in areas such as logistics, technology, and infrastructure development. H.E. Dr. Al Sunaidi expressed Oman’s commitment to supporting Indian businesses seeking to expand their operations in the Sultanate, providing a conducive environment for growth and investment. The Omani government’s focus on developing special economic zones and free zones was highlighted as a key driver for economic diversification and attracting foreign investment.
H.E. Piyush Goyal, in turn, discussed the potential for Indian companies to play an integral role in Oman’s economic development, particularly in the areas of manufacturing, renewable energy, and digital transformation. He underscored India’s readiness to collaborate with Oman to explore new trade channels and expand bilateral commerce. Both leaders agreed on the need for continuous dialogue and partnership to achieve mutual goals and strengthen the economic ties between their nations.
The meeting concluded with a reaffirmation of the shared vision to enhance economic relations between Oman and India. Both sides expressed confidence that increased cooperation would lead to a more robust and diversified partnership. The discussions paved the way for further engagements and initiatives that will benefit both countries, positioning Oman and India as strategic economic partners in the region.
