India, Oman Adopted A Vision Document To Expand Their Relations

Utkarsh Classes Last Updated 18-12-2023

India, Oman Adopted A Vision Document To Expand Their Relations

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Several agreements were signed during the three-day state visit of Sultan Haitham Bin Tariq of Oman to India from 15 to 17 December 2023. Both countries have adopted a vision document to expand their relations. This is the first visit of Sultan Haitham bin Tariq of Oman to India.

Sultan Haitham bin Tariq is on his first visit to India since becoming the head of state of Oman in 2020 following the death of Sultan Qaboos bin Said.
Prime Minister Modi and Sultan Tariq accepted a vision paper to enhance bilateral cooperation in ten key areas on 16 December 2023.
The two leaders reviewed bilateral relations covering the areas of political, security, defence, trade, economic, cultural and people-to-people relations.

List of agreements signed between Oman and India:

MoU between the respective ministries of the two countries in the field of Information Technology.
A MoU was signed between the Ministry of Culture and the Sultanate of Oman, represented by the Ministry of Culture, Sports and Youth, in the field of culture.
Agreement relating to gainful employment of persons accompanying official staff.
- Under this, cooperation in exchange of intelligence related to money laundering, related crimes and financing of terrorism.
- For this, MoU between Financial Intelligence Unit (FIU) and National Center for Financial Information (NCFI) of Oman.
Memorandum of Understanding between the Indian Council for Cultural Relations (ICCR) and Dhofar University of Oman.

Important facts related to the visit of Sultan Haitham of Oman:

Sultan Haitham also visited the National Gallery of Modern Art.
In the talks between the two leaders in New Delhi, emphasis was laid on accelerating India-Oman strategic relations and early completion of the Comprehensive Economic Partnership Agreement.

Oman-India Joint Investment Fund:

The two sides also announced the third tranche of the Oman-India Joint Investment Fund of about Rs 2,500 crore ($300 million).
This amount will be used for investment in fast growing sectors of the Indian economy.

Relations between India and Oman:

There are strong historical, cultural and economic ties between the two countries.
Diplomatic relations between them were established in 1955. It was established as a strategic partnership during the visit of Prime Minister Manmohan Singh to Oman in 2008.
Prime Minister Narendra Modi's visit to Oman in 2018 further strengthened bilateral relations between the two countries.
Both countries conduct regular bilateral exercises between their three military services. Mainly among these
- Military Exercise: Al Najah
- Air Force Exercise: Eastern Bridge
- Naval Exercise: Naseem Al Bahr
Oman has been supporting the anti-piracy missions of the Indian Navy since 2008.
India in collaboration with Oman is regularly conducting anti-piracy operations in the region.
- Not only India has benefited from this but other countries have also benefited.
- An example of this was the prompt response by the Indian Navy to the hijacking of a Malta ship MV Rouen on 16 December 2023 and freed it.
India attaches great priority to expanding its economic and commercial relations with Oman.