Oman, India study joint ventures in defence production

Oman and India are exploring the possibility of joint ventures pertaining to defence production, according to the Indian Defence Minister George Fernandes.

Fernandes, who concluded his three-day visit to Oman yesterday, told newsmen at the Al Bustan Palace Hotel that the Omani Minister Responsible for Defence Affairs, Sayyid Badr bin Saud Al Busaidi, had authorised the Omani defence attache in India to identify areas of such joint production venture.

"During our talks we also discussed a possibility of exchange on institutionalised structure," he said, adding that officers from the Indian army would come here while Omani army personnel would go to India to be trained. "There's a also a proposal for a joint exercise," he remarked.

Earlier, Fernandes who met His Majesty Sultan Qaboos bin Said, described his meeting as fruitful adding it will strengthen the already strong bilateral relations.

Speaking to the prominent members of the Indian community in Muscat at the Indian ambassador's residence, the minister pointed out the close bonds which exist between Oman and India.

He appreciated the expatriates for their contribution in the gulf state.

Fernandes also praised His Majesty Sultan Qaboos' vision and the development Oman has witnessed under his leadership.

"I have had an hour-long meeting with His Majesty the Sultan on mutual matters and the current situation in the region," he said, adding that detailed discussions will take place during his subsequent meetings with his Omani counterpart.

Fernandes is here on a reciprocal visit following Sayyid Badr's visit to India last year.

Fernandes also touched upon the issue of disinvestments and his reported opposition to it. "I am aware that some of you are concerned at the reports but I assure you that I am not against disinvestments. The reports about my opposition to disinvestments is created by the media."

Fernandes assured the Indian businessmen in Oman that reforms will go ahead. He urged them to invest in India to create employment.

In his welcome speech, Dr Sathish Nambiar, president of the Indian Social Club, said they invite artists and scholars from India to try and provide Indians with a home away from home.

The visiting delegation also visited Sultan Armed Forces Museum. He was accompanied by K.M. Meena, the Indian Ambassador to the Sultanate, and the military Charge d' Affairs at the Indian Embassy.