AGP Executive Report
Last update: 20 minutes agoFood Trade Boost: India exported 40 tonnes of Varanasi-made biscuits to Oman for the first time under the India-Oman CEPA, with an MoU signed to expand shipments to nearly 700 tonnes in FY 2026-27. Logistics & Cost Relief: Oman will subsidise 50% of fuel and insurance costs for eligible food cargoes shipped by Asyad Shipping on the India-Oman route for up to six months, aiming to strengthen food security and cut logistics costs. Shipping Through Hormuz: Strait of Hormuz traffic has surged as a US-Iran ceasefire holds, with transits reported to have more than quadrupled over the past week—though still below pre-conflict levels—while Iran continues warning tankers to use approved routes. Oman Business Links: An Omani-Tanzanian business forum at SabaSaba focused on expanding bilateral trade and investment, including pathways for Omani exports into Tanzania and the wider region. Renewables & Planning: Foster + Partners and Dar Al-Handasah unveiled plans for Al Najd Agricultural City in Dhofar, a self-sustaining agri-development designed to support Oman’s food supply and agro-processing.
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