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Oman, India forecast joint relations to boost considerably

11 May 2016

(MENAFN) Oman has over five hundred thousand Indian nationals living there making them the largest expatriate community in Oman, hence they yearly remit nearly USD780 million to India.

Accordingly, the Sultanate has also been working hard to promote itself as a tourist destination in India, given the fact that annually nearly 12,000 Indians visit Oman on tourist visas.

Moreover, Indian and Omani companies have undertaken joint ventures in a wide range of sectors including fertilizers, pharmaceuticals, energy and engineering, thus ties are obviously getting deeper.

As far as the oil industry is concerned, India has been considering the construction of a 1,100-km-long underwater natural gas pipeline from Oman called the South Asia Gas Enterprise (SAGE).

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