Urges Omani businessmen to take advantage of ‘huge’ investment opportunities in India
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  • Minister of State for External Affairs Shashi Tharoor visited Oman on February 4-7, 2010. He was accompanied by a 14-member delegation from the Confederation of Indian Industry (CII). Pointing out that Oman has always been a strategic trading and business partner of India, Tharoor expressed the hope that his visit will increase the levels of trust and mutual cooperation.1

    Addressing the Oman-India Business Forum in Muscat, Tharoor stated that the “destinies of the Gulf countries and India are closely interlinked” and noted Oman’s role as an important interlocutor in the Gulf Cooperation Council (GCC) and the Organisation of Islamic Conference (OIC).2 Tharoor urged Omani businessmen to make the best use of the “huge” investment opportunities available in India, adding that the “return on investment on an enduring basis are far higher in India than anywhere else.” He told his audience that the World Bank has projected an 8 per cent rate of growth for India in 2010, “which will make it the fastest-growing economy.”3