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🔸The proposed Free Trade Agreement (FTA) between India and Oman is set to give a new direction to the trade relations between the two countries. Under this agreement, approximately 99% of India's exports to Oman will be duty-free, which will reduce costs and increase profits for Indian exporters.
📦 Direct Benefits for Exports
The gems and jewelry, textiles, engineering goods, food processing, chemicals, and pharmaceutical sectors in India are expected to benefit significantly after the implementation of the Free Trade Agreement. Duty-free access will make Indian products more competitive in the Omani market.
💍 India's Strong Foothold in Gold Jewelry
India is already the largest supplier of gold jewelry to Oman. After the Free Trade Agreement, Indian jewelry exporters will get better opportunities for direct sourcing. It will be easier to use Oman as an entry gateway to the GCC, Africa, and surrounding markets.
📌 This can lay a strong foundation for long-term growth for India's jewelry industry.
🌍 Why is Oman Important?
Oman's geographical location is strategic. It provides easy access to markets in the Middle East, Africa, and Europe. Through the FTA, India will get an opportunity to develop Oman as a re-export and trade hub.
📌 Benefits of the India-Oman Free Trade Agreement:
✔️ Increased Indian exports
✔️ Reduced trade costs
✔️ Support for the gold jewelry and manufacturing sectors
✔️ Strengthened role of India in the global supply chain
While gold imports into India were high last month, and a decline was observed in November, exports also saw an increase. Now, the Free Trade Agreement will make it easier and cheaper for Indian jewelers to export. New opportunities will open up for Indian jewelers.
US President Donald Trump has issued a strong statement regarding Iran.
He said that the US is fully prepared and "locked and loaded" to take action if the situation escalates.
Trump stated that if Iran fires on or harms peaceful protesters, the US will step in to protect them.
Following this statement, there are indications that US-Iran tensions will further increase. Stay tuned for updates.
एक दुखद घटना… प्लेन क्रैश में महाराष्ट्र के डिप्टी CM अजीत पवार जी का निधन।
देश में शोक की लहर, भावपूर्ण श्रद्धांजलि 🌷🌷
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The research, recommendations, and analysis provided under services 1 and 4 are based on our proprietary technical and f more...
The research, recommendations, and analysis provided under services 1 and 4 are based on our proprietary technical and fundamental research and are intended solely for the recipient.We do not guarantee any fixed returns or ensure that the recommendations will achieve their targets. Past performance is more...
We do not guarantee any fixed returns or ensure that the recommendations will achieve their targets. Past performance is not indicative of future results.Any Research Service given will be based strictly on the client’s risk profile, financial objectives, and suitability more...
Any Research Service given will be based strictly on the client’s risk profile, financial objectives, and suitability assessment completed via the mandatory Risk Profiling process.Services 2, 3, and 5 (Import & Export Intelligence/Analysis, Trade Policy & Regulatory Advisory) primarily relat more...
Services 2, 3, and 5 (Import & Export Intelligence/Analysis, Trade Policy & Regulatory Advisory) primarily relate to business consultation, physical commodity trade, and non-securities market data.We have set internal policies and procedures for managing and disclosure of. any potential conflict of interest governin more...
We have set internal policies and procedures for managing and disclosure of. any potential conflict of interest governing the dealing and trading by any research analyst.Beyond day trading: learn to build a diversified portfolio that balances growth and stability. Blend short-term trades w more...
Beyond day trading: learn to build a diversified portfolio that balances growth and stability. Blend short-term trades with long-term investments effectively.We help you see the world differently, discover opportunities you may never have imagined
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"Thank you, Commodity Samachar team, for the excellent service. Ankit Sir is truly the best analyst in the world."