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

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.