Question :

India is considering signing a Preferential Trade Agreement (PTA) with which nation?

A) Hungary
B) Oman
C) Uzbekistan
D) Israel

Answer : B

Description :

The Union Minister of Commerce and Industry, Piyush Goyal informed on May 12, 2022 that India was considering entering into a Preferential Trade Agreement (PTA) with Oman. The Minister informed this while delivering the Keynote Address at the 10th Meeting of India-Oman Joint Business Council (JBC) in New Delhi. He said that India is already looking for a comprehensive trade agreement with Gulf Cooperation Council (GCC) nations.

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