India and Oman have entered into an agreement under which the two sides will prepare a report on nine areas of cooperation for direct investment and technology transfer between the two countries. Oman's official news agency (ONA) said the agreement was signed at the Office of Omani Ruler Sultan Qaboos's Advisor for Economic Planning Affairs Mohammed bin Al Zubair, while Montek Singh Ahluwalia, Deputy Chairman of Planning Commission, signed as representative of Prime Minister Manmohan Singh. The Supreme Committee for Promoting the Economic Relations between Oman and India was established under a directive of Sultan Qaboos bin Said and Indian Prime Minister Singh during the latter's visit to the country in 2008 as part of measures to enhance and promote economic cooperation between the two sides. Al-Zubair and Ahluwalia were assigned the task to set up a committee to prepare a report on mutual cooperation between the two countries, after the Indian prime minister visited Oman. --MORE
