Indian PM Modi to Prioritize Free Trade Deals with Oman and UK in First 100 Days

Indian Prime Minister Narendra Modi is expected to focus on finalizing trade deals with Oman and the UK in the initial stages of the next government’s tenure if the current opinion poll predictions hold true. Sources within the government revealed that Modi has instructed ministries to establish yearly targets for the next five years, aligning with a 100-day action agenda to propel growth in India’s economy. Discussions are ongoing regarding the completion of free trade agreements with Oman and the UK, with ongoing negotiations reportedly in the final phases as asserted by the sources. Trade between India and Oman has shown significant growth in recent years and surpassed $12 billion in the last fiscal year. With the aim of enhancing global integration, Modi’s administration is actively pursuing these strategic trade agreements. Efforts are also being made to advance the UK trade deal, with both countries looking to finalize negotiations to boost bilateral trade by 2030. As India’s elections approach, the government is making strides towards securing these critical trade pacts to ensure economic growth and stability for the nation.