AGP Executive Report
Last update: 2 hours agoOman–India CEPA Boost: India’s CEPA with Oman came into force on June 1, giving duty-free access on 945 textile and apparel tariff lines and zero duty on handicrafts, with officials saying it should lift India’s exports and deepen supply-chain links. US Forced-Labour Tariffs: The U.S. Trade Representative proposed new Section 301 duties of 10–12.5% on 60 economies, including Oman, citing failures to enforce bans on forced-labour imports. Oman Energy & Finance Moves: Oman launched a local sovereign sukuk issue worth OMR100mn (4.2% profit, 5-year maturity) and National Finance signed an MoU with AB Energy to expand sustainability-linked financing. Logistics Expansion: Asyad Group completed a controlling-stake acquisition in Uzbekistan logistics platforms to strengthen trade corridors connecting Oman ports to Central Asia. Regional Trade & Security Watch: Iran–US tensions continued to rattle markets and shipping around the Strait of Hormuz, keeping energy and logistics risk in focus for the region. Oman–Belarus Cooperation: Oman and Belarus signed seven MoUs in Minsk covering food security, AI for water/agriculture/soil, and smart-city solutions.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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