India and Oman to sign trade agreement today

India and Oman are set to sign a free trade agreement on Wednesday, marking Oman's first such deal in nearly 17 years since its pact with the United States. The agreement will strengthen bilateral strategic ties, covering goods, services, investments, green energy, and net-zero goals.

India and Oman will formalize a comprehensive free trade agreement (FTA) on December 18, 2025. This pact represents Muscat's first FTA in about 17 years, following its earlier agreement with the United States.

The deal aims to enhance strategic relations between the two nations. It encompasses a wide scope, including trade in goods and services, investment opportunities, green energy cooperation, and commitments to net-zero emissions.

This development builds on ongoing bilateral efforts, such as the India-Oman Business Forum, to deepen economic partnerships. By addressing key areas like sustainable energy, the FTA positions both countries to collaborate on global challenges while boosting trade flows.

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Egypt's Minister of Investment and Foreign Trade, Mohamed Saleh, met with India's Ambassador to Cairo, Suresh K. Reddy, to explore ways of strengthening bilateral economic, trade, and investment relations. The talks covered priority issues for advancing industrial cooperation and leveraging Egypt's strategic position. Both sides emphasized joint efforts toward shared economic goals.

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