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China's apparel exports to Oman at $80 mn in Jan-Nov 2024

Qais Mohammed Al Yousef, Oman&#**;s Minister of Commerce, Industry, and Investment Promotion, recently stated that Oman is looking forward to enhancing economic and trade cooperation with China. At an event in Muscat, the minister expressed hope that the GCC and China would finalise FTA negotiations soon, paving the way for a GCC-China Free Trade Zone.

Trade data obtained from Fibre2Fashion&#**;s market insight tool TexPro shows a downward trend in textile trade between the two nations. China’s apparel exports to the nation peaked at $***.*** million in ****, surging **.** per cent from shipments of $***.*** million in ****. Earlier, China had exported apparel worth $***.*** million in ****.