Omani Foreign Minister meets Pranab Mukherjee

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New Delhi, Dec 17 (ANI): Yusuf Bin Alawi Bin Abdullah, Foreign Minister of the Sultanate of Oman, met his Indian counterpart Pranab Mukherjee here last evening.

Earlier, Abdullah met Minister of State for External Affairs E. Ahamed.

Abdullah was in the country to strengthen the bilateral ties between the two countries.

In November, Prime Minister Dr. Manmohan Singh visited the Gulf countries Oman and Qatar to boost trade and cultural ties.

A Memorandum of Understating (MoU) was signed between India's largest bank, State Bank of India (SBI) and State General Reserve Fund (SGRF) of Sultanate of Oman, to set up the India-Oman Joint Investment Fund during Singh's visit.

The fund would be set up with an initial capital of US 100 million dollars, which will be later expanded to US 1.5 billion dollars. It will be utilised in financing various projects in the fields of tourism, infrastructure, health, telecom and urban infrastructure in either country.

Indian Overseas Ministry and Omanese Ministry of Manpower had also signed MoU in the field of manpower and employment generation during Singh's visit. (ANI)

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