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of <h1>India and Oman Advance Free Trade Talks, Targeting Reduced Customs Duties and Expanded Economic Cooperation</h1> Trade negotiations between India and Oman for a free trade agreement are progressing well, with potential good news expected soon. The Comprehensive Economic Partnership Agreement aims to reduce customs duties and ease trade norms. Bilateral trade currently stands at USD 10.5 billion, with Oman being India's third-largest export destination in the Gulf Cooperation Council. The minister highlighted that such agreements promote trade, strengthen supply chains, and enhance business confidence between the two countries.
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