India, Oman Resolve Key Hurdles, Push Trade Deal

India-Oman free trade negotiations have been fast-tracked, ending the year-long deadlock over market access for Omani petrochemical products in lieu of long-term certainty on a quota for employing locals by Indian ventures in Oman, three officials said, adding that the announcement of the pact may coincide with imminent trade deals with the United States and the European Union.

- Rajeev Jayaswal

NEW DELHI:

At least three trade negotiations are on the verge of conclusion after New Delhi and London announced a free trade agreement (FTA) deal on May 6, the officials added, requesting anonymity: early harvest deals with the US and the EU and a comprehensive FTA with Oman. HT on Thursday reported that India's trade deal with the US and the EU are expected to close between June and July.