PM Modi Honored with Oman's Highest Award; India-Oman Sign Landmark FTA

World
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Moneycontrol•18-12-2025, 17:50
PM Modi Honored with Oman's Highest Award; India-Oman Sign Landmark FTA
- •PM Modi received Oman's highest national honor, 'Order of Oman', for strengthening bilateral ties during his two-day visit.
- •This marks PM Modi's 28th+ highest civilian award from other countries, following recent honors from Ethiopia and Kuwait.
- •India and Oman signed a Free Trade Agreement (FTA)/Comprehensive Economic Partnership Agreement (CEPA) to boost strategic partnerships in various sectors.
- •The visit commemorates 70 years of diplomatic relations, with discussions covering defense, trade, energy, and people-to-people contact.
- •Oman is India's third-largest export destination in the GCC, with bilateral trade reaching approximately $10.5 billion in FY2024-25.
Why It Matters: PM Modi's Oman visit strengthens ties with top honor and a new Free Trade Agreement.
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