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Goyal: FTA with Oman to aid key labour-intensive sectors

Financial Express Kochi

|

December 18, 2025

To herald a larger agreement with GCC

- FE BUREAU

THE FREE TRADE agreement (FTA) that will be signed on Thursday between India and Oman will open up opportunities in trade and joint investments to address the markets in the region and beyond, commerce and Industry minister Piyush Goyal said.

He listed sectors like textiles, footwear, automobiles, gems and jewellery, agro chemicals, renewable energy and auto components where the maximum gains in trade can be expected. The Comprehensive Economic Partnership Agreement (CEPA) Goyal and Oman's Minister of Commerce, Industry and Investment Promotion of Oman Qais Al Yousef in the presence of Prime Minister Narendra Modi and top leadership of Oman.Modi landed in Oman on Wednesday in the last leg of his three-nation visit.

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China to allow export of rare earths for civilian use

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CCI: AI raises new competition risks

THE RAPID ADOPTION OF artificial intelligence across sectors is creating fresh competition challenges, requiring closer coordination among regulators to keep markets open and safeguard consumer interests, Competition Commission of India (CCI) chairperson Ravneet Kaur said on Friday.

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Pulses imports likely to fall 45% in FY26

INDIA'S PULSES IMPORTS in the current fiscal are likely to decline by 45% to around 4 million tonne (MT) in FY26, from a record 7.34 MT in 2024-25, trade sources said citing adequate carry forward stocks and robust crop prospects.

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1 mins

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Australia plans gun buyback after Bondi massacre

AUSTRALIA WILL LAUNCH a national gun buyback scheme following the mass shooting in Sydney, Prime Minister Anthony Albanese said on Friday, as hundreds of surfers and swimmers paddled out at Bondi Beach to honour victims.

time to read

1 min

December 20, 2025

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