Sultan Haitham’s Visit to India to Elevate Bilateral Ties

Sultan Haitham's Visit to India to Elevate Bilateral Ties

Asif Iqbal | December 15, 2023 | 07:05 PM IST | India, Oman, Politics | Follow on Google News

Sultan Haitham’s Visit to India to Elevate Bilateral Ties.image/ANI

Sultan Haitham’s Visit to India to Elevate Bilateral Ties

The ongoing visit of Sultan Haitham bin Tarik of Oman to India is set to bolster the existing strategic partnership between the nations, focusing on enhancing trade, investment, and collaboration across various sectors, as per the Oman News Agency.

The discussions held in New Delhi between Sultan Haitham and Indian leadership aim to strengthen integration and cooperation for increased collaboration. By the end of the third quarter of 2023, the commercial exchange between Oman and India reached RO 1.447 billion.

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Omani exports to India, valued at RO 699.218 million, included products such as oil, minerals, LNG, polyethene, propylate, aluminium, and urea. Conversely, Omani imports from India totaled RO 747.883 million, encompassing items like rice, motor fuel, natural gasoline, wheat, ignition control of vehicles, and iron ore.Indian investments in Oman surged, reaching RO 378.4 million by June 2023. With 1,744 Indian companies operating in Oman, their cumulative investment of RO 281 million by the end of 2022 spans diverse sectors like industry, construction, trade, transportation, communications, oil and gas, mining, education, agriculture, fisheries, tourism, and health.

The Sultan’s visit underscores a commitment to bolstering economic ties and fostering mutual growth. India’s invitation to Oman as a guest of honour at the G20 Summit hosted by India highlights the strong and genuine relations between the two countries.

The eighth Omani-Indian strategic dialogue in January 2023 reaffirmed the high priority both leaders place on reinforcing bilateral strategic relations based on mutual trust and respect.Oman’s Ambassador to India, Issa bin Saleh Al Shaibani, emphasized the deep-rooted historic relations between Oman and India, citing ancient civilizations, cultural ties, and economic interdependence.

Indian Ambassador to Oman, Amit Narang, expressed anticipation for Sultan Haitham bin Tarik’s first visit to India, foreseeing it as a significant milestone in bilateral relations, signifying the strong ties between the two nations, as reported by the Oman News Agency.

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Indian Ambassador to Oman, Amit Narang, expressed anticipation for Sultan Haitham bin Tarik’s first visit to India, foreseeing it as a significant milestone in bilateral relations, signifying the strong ties between the two nations, as reported by the Oman News Agency.

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