economic alliance

Oman, India sign trade agreement amid Modi-Trump tension

The accord grants Indian goods zero-duty access on about 98% of Omani tariff lines while India offered liberalized tariffs on most Omani imports

Haitham Al-Shukairi/AFP via Getty Images

India's Prime Minister Narendra Modi walks alongside Oman's Deputy Prime Minister for Defense Affairs Sayyid Shihab bin Tariq upon his arrival in Muscat

Oman signed a free-trade agreement with India that represents the sultanate’s first bilateral economic partnership deal in nearly two decades.

The accord signed in Muscat on Thursday grants Indian goods zero-duty access on about 98% of Omani tariff...