Home Current Affair July 2018 Mr. Suresh Prabhu addresses India-Oman 'Joint Business Council' in Muscat Oman

Mr. Suresh Prabhu addresses India-Oman 'Joint Business Council' in Muscat Oman


1. The India-Oman Joint Commission held its 8th session on 16th – 17th July 2018 in Muscat, Oman.
The Omani Delegation was headed by Dr. Ali bin Masoud Al Sunaidy, Minister of Commerce and Industry and the Indian side was led by Minister of Commerce & Industry, Suresh Prabhu.
Both sides reviewed their bilateral trade and noted that the existing volume has shown remarkable growth since the last session of the Joint Commission in 2014. Indian side stated that the India-Oman bilateral trade has registered a growth from US$ 4131.69 million in 2014-15 to US$ 6703.76 million in 2017-18.
India’s export to Oman has grown from US$ 2379.44 million to US$ 2439.46 million in 2017-18. The total FDI from Oman into India from April 2000 to March 2018 was of the order of US$ 469.20 million with Oman ranking 31st in terms of Foreign Direct Investment in India.

2. A delegation led by the Commander Combined Task Force (CTF 151), Rear Admiral Saw Shi Tat, Republic of Singapore Navy, visited INS Teg (presently berthed at Djibouti harbor) on 16 Jul 18. During the interaction, various aspects of anti-piracy operations including Combined Task Force 151 (CTF 151) were discussed.

3. Actor Rita Bhaduri Passes Away at the age of 62
4. Indian Wrestler Vinesh Phogat wins a Gold Medal at Spanish Grand Pix in Madrid, Spain.
5. Honda Marc Marquez from Spain wins German Grand Pix

Published On : 17 Jul 2018

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