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A time-honoured connect that will help bridge the Gulf
Context:
Recently, the Sultan of Oman, Sultan Haitham bin Tarik, is visiting India on a state visit. Oman has a pivotal role to play in India seeking deeper engagement and collaboration in West Asia.
Oman's Strategic Importance to India
- Geopolitical Significance: Oman, India's key Gulf neighbor, holds a strategic location along vital sea routes, fostering economic and security cooperation.
- Historical Ties and Neutrality: Oman's rulers have historically favored India, fostering strong people-to-people connections. Oman's policy of neutrality in conflicts enhances regional stability.
- Mediation and Crisis Management: Oman played a crucial role in diffusing tensions between the U.S. and Iran, showcasing its diplomatic prowess in conflict resolution.
India-Oman Strategic Partnership
- Defence and Security Cooperation: India and Oman's defence ties include joint exercises, naval operations, and the historic MoU on Duqm Port, strengthening maritime security.
- Economic Collaboration: Bilateral trade, exceeding $12 billion, and over 6,000 joint ventures underscore the robust economic relationship, with Oman as a vital oil exporter to India.
- Emerging Collaborations: Expanding into space cooperation, joint exploration of rare earth metals, and participation in the India-Middle-East-Europe Connectivity Corridor signify evolving strategic engagements.
Oman: India's Gateway to West Asia
- Regional Diplomatic Role: Oman's memberships in GCC, OIC, and the Arab League, coupled with its adept management of regional power dynamics, make it a crucial diplomatic ally for India.
- Security Concerns and Economic Interests: Oman's stability directly impacts India's security, with millions of Indian expatriates in the region and close ties in energy security and trade.
- Ambassadors of Peace:Both nations, committed to peace, position Oman as India's gateway to West Asia amid the ongoing Israel-Hamas conflict.
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