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India, Oman adopt joint vision focusing on 10 essential areas.
Dec 18, 2023
Prime Minister Narendra Modi and Haitham bin Tarik, the Sultan of Oman, on Saturday adopted a new 'India-Oman joint vision, a partnership for future' focusing on ten essential areas, heralding a new chapter in the strategic partnership between the two nations.
The joint vision document identifies a range of areas such as maritime cooperation and connectivity, energy security and green energy, space, technologies, and applications, digital payments and financial cooperation, trade and Investment, health, tourism and hospitality, IT & innovation, as well as agriculture and food security with specific action points as part of the future roadmap to deepen ties between both countries for implementation.
'India and Oman have had an unbreakable bond of deep friendship for centuries. At one end of the Arabian Sea is India and at the other end is Oman. Our mutual closeness is not limited to geography, but is also reflected in our trade spanning thousands of years, our culture, and our common priorities,' Modi said in his opening remarks during delegation level talks with the Sultan.
'On the strength of this glorious history, we are building a bright future ahead. Today we are adopting a new ‘India-Oman Joint Vision – A Partnership for Future’. In this Joint Vision, concrete action-points have been agreed upon on 10 different areas. I am confident that this joint vision will give a new and modern shape to our partnership,' Modi pointed out.
This is the first visit to India by a Sultan of Oman after 26 years and the gesture is significant as it signals support to India amid the Israel-Palestine conflict. The two sides also signed five MoUs including one between the Financial Intelligence Unit (FIU) India and the National Centre for Financial Information (NCFI) Oman on cooperation in the exchange of intelligence related to money laundering, associated predicate offences and terrorism financing. Other MoUs focus on culture and information technology.
The two sides also held discussions to advance the Comprehensive Economic Partnership Agreement (CEPA) agreement, which would be India’s second such pact in the Gulf after the UAE.
'I am glad that discussions on the CEPA agreement are ongoing between the two sides. Two rounds of these talks have been successfully completed in which consensus has been reached on many important issues. I hope that we will be able to sign this agreement soon, which will add a new chapter to our economic cooperation,' Modi noted.
The two Leaders at the Summit strongly condemned terrorism in all its forms and manifestations. They agreed that there cannot be any justification for any act of terror for any reason whatsoever. They affirmed their commitment to enhancing cooperation to combat terrorism and underscored the significance of fostering the universal values of peace, moderation, coexistence, and tolerance while highlighting the imperative of renouncing all types of violent extremism.
The PM pointed out that even at the global level, India and Oman have been moving forward in close coordination. 'Oman, as a guest country, has made a very valuable contribution to the success of India's G20 presidency.'
The PM also referred to Indian expatriates in Oman and their strong bonds there. 'A large number of people of Indian origin consider Oman as their second home. These people are live examples of our close ties and our friendship.'
Oman is India's oldest strategic and defence partner in the Gulf region which has given New Delhi access to the strategically located Duqm Port.
economictimes.indiatimes.com
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