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Thursday, April 18 2024
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Oman eager to boost ties with India

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Muscat: Indian External Affairs Minister Sushma Swaraj, on her first official visit to Oman, met top Omani leaders on Wednesday who expressed their country’s keen interest to boost ties with India.

Swaraj held extensive talks with Oman’s Deputy Prime Minister Sayyid Fahd bin Mahmoud Al Said, her counterpart Yousuf Bin Alawi Bin Abdullah and the Minister of the Royal Office General Sultan Bin Mohammad Al Nuamani.

During her meeting with Yousuf, Swaraj discussed bilateral, regional and other issues of mutual interest.

The two leaders focused on strategic aspects of relations as maritime neighbours, Ministry of External Affairs Spokesperson Syed Akbaruddin said.

“The External Affairs Minister took stock of various political, economic, defence, security, and people-to-people linkages,” Indian officials said. She also called on Deputy Prime Minister Sayyid Fahd who said Oman is eager to boost ties with India, Akbaruddin said.

This is Swaraj’s third visit to the Gulf. She had earlier travelled to Bahrain in September and the UAE in November last year, indicating the high importance attached by the new government on India’s relations with the strategic region, official sources said.

She also discussed regional issues in which both India and Oman have an interest, Indian officials said. India has vital stakes in the security and stability of the Gulf, which hosts around seven million Indians.

The Gulf countries are the source of two-third of India’s crude oil requirements and form the largest trading regional block for India accounting for about a quarter of its global trade.

India and Oman have a very robust relationship based on extensive people-to-people contacts and historical economic and cultural exchanges, officials said.

There are more than 700,000 Indians working in Oman in various sectors. They form the largest expatriate group in Oman. They also repatriate around $3 billion (Dh11 million) annually.

Swaraj yesterday lauded the Indian community in Oman, saying its highly skilled service at a competitive cost has made them indispensable for the nation’s economy.

Oman is an important trading partner of India in the Gulf, with bilateral trade exceeding $5.7 billion in 2013-14. India’s trade with Oman has been growing steadily. It has exceeded more than 125 per cent during the last five years.

There are more than 1,500 joint ventures between India and Oman. The major ones are the Oman-India fertiliser company in Sur and the Bharat-Oman refineries in Bina in Madhya Pradesh.

 

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