Oman Current Affairs

PM Narendra Modi to visit to Palestine, UAE, Oman in February 2018

Prime Minister Narendra Modi will embark on four-day official state visit to Palestine, Oman and UAE in February 2018.

This will be the first ever visit by Indian Prime Minister to Palestine and PM Modi’s second visit to UAE and first to Oman. During the visit, PM Modi will hold talks with the leadership in the countries on “matters of mutual interest with their leaders, apart from participating in other events.

Key Facts

Palestine visit: PM Modi will hold meeting with Palestinian president Mahmoud Abbas, who had visited India last May 2017 when India had reassured unwavering support towards Palestinian cause. PM Modi’s visit to Palestine comes less than month after Israeli Prime Minister Benjamin Netanyahu’s India trip in January 2018.

UAE visit: PM Modi will hold talks with the leadership on key issues of defence, security and trade. He will also address Sixth World Government Summit to be held in Dubai at which India is ‘Guest of Honour’. He will also meet the Indian community.

Oman visit: During the visit, PM Modi’s focus will be on intensifying cooperation in key sectors such as trade and defence. He will also meet the Indian community. Bilateral trade and investment between India and Oman remain robust and buoyant. It saw decline during 2014-15 and 2015-16, has resumed its upward trend with an increase of 3.6% from $3.8 billion in 2015-16 to $4 billion in 2016-17.

Month: Categories: India Current Affairs 2018

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5th India-Arab partnership conference held in Muscat, Oman

The fifth edition of the India-Arab Partnership Conference was held in Muscat, Oman from December 14 to 15, 2016. Theme of the conference was ‘Partnership towards innovation and cooperation in IT’.

It was organised by the Oman Foreign Ministry, Arab League Secretariat in association with the Union Ministry of External Affairs of India.

Key Facts

  • The aim of the conferences was to enhance flow of investments from both sides, accelerate the investment projects of prioritized sectors, provide conducive environment for export promotion.
  • It discussed several important topics in fields of technology, innovation, health, pharma sector, clean technology, renewable energy, food security, education, skills development and tourism sector.
  • Around 500 representatives including from the Arab League and Indian government officials, businessmen, investors and academicians participated in the conference.
  • Other collaboration partners of the conference included Federation of Arab Businessmen (FAB) and the General Union of Arab Chambers of Commerce and Industry and Agriculture (GUCCIA).
  • Federation of Indian Chambers of Commerce and Industry (FICCI) and Oman Chamber of Commerce were the coordinating agencies. Besides, nine other chambers from the Arab States also participated.

Month: Categories: Business & Economy Current Affairs 2018India Current Affairs 2018

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