Towards Shared Prosperity: Oman’s First State Visit to India in 26 Years

In a landmark State visit, Shri Narendra Modi engaged in comprehensive talks with His Majesty Sultan Haitham bin Tarik of the Sultanate of Oman, who visited India on December 16th. This diplomatic development holds particular significance as it marks the first State visit from Oman to India in 26 years, signalling an intent to deepen the historical ties between the two nations.

A high-level delegation accompanied His Majesty Sultan Haitham, this substantial representation underscores the mutual commitment of both countries to strengthen their ties across various sectors. The discussions led to the adoption of the India-Oman Joint Vision, a partnership for the future. This vision document aligns with Oman's Vision 2040 and India's development vision, focusing on areas such as maritime cooperation, energy security, space, financial technology, health, tourism, and agriculture. Both leaders expressed a strong push to conclude the Comprehensive Economic Partnership Agreement (CEPA) at the earliest. Additionally, the announcement of the third tranche of the Oman-India Joint Investment Fund, valued at $300 million, further solidified economic ties.

The State visit sets the stage for a strengthened and strategic partnership between India and Oman, fostering cooperation and shared prosperity in the years to come.