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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Narendra Modi and Ulf Kristersson shaking hands to mark India-Sweden strategic partnership.
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India and Sweden agree to elevate bilateral ties to strategic partnership

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India and Sweden agreed to elevate their relationship to a strategic partnership on May 17, 2026. Prime Minister Narendra Modi held talks with Swedish counterpart Ulf Kristersson in Gothenburg focusing on trade, technology and defence.

Egypt and Morocco signed a series of agreements spanning industrial cooperation, investment, and avoidance of double taxation, the Egyptian cabinet said. Egyptian Prime Minister Mostafa Madbouly and Moroccan counterpart Aziz Akhannouch witnessed the signing in Cairo’s New Administrative Capital. The ceremony concluded the first session of the Egyptian-Moroccan Coordination and Follow-up Committee.

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India has achieved the strongest trade agreement with the United States compared to other Asian countries, according to Commerce and Industry Minister Piyush Goyal. He underscored the importance of the bilateral ties and the scale of the US economy. The minister noted India's efforts to expand its global trade partnerships.

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