AGP Executive Report
Last update: 8 hours agoOman Trade & Industry: Oman’s Ministry of Commerce and Industry has issued new rules for lubricating oils, requiring compliance with Gulf Technical Regulation GSO 1785-1:2024 (mandatory from Sept 1, 2026) and conformity checks before products hit the market. Customs & Logistics: Oman Customs will require mandatory pallet use for incoming shipments to improve trade flow, starting July 15, 2026 for land ports (then air/sea later), with exemptions for items that can’t be palletized. Consumer Safety: Oman recalled GODIVA Kunafah & Pistachio Milk Chocolate Bars after an undeclared egg allergen was found; consumers with egg allergies are warned not to eat the product. Public Health & Environment: Oman’s authorities warned against plastic water bottles left in sunlight, saying heat can trigger chemical release into water, and urged switching to safer, reusable options. Gulf Security & Shipping: As US-Iran talks continue with mixed signals, Iran claims it targeted a US command center in the Gulf of Oman while the US denies any strike; analysts also warn that even a Hormuz reopening won’t quickly fix energy and supply-chain strain. Diplomacy & Business Links: Oman and Belarus discussed expanding economic, trade and investment cooperation, including private-sector partnerships. Regional Trade Deal: India-Oman CEPA came into force on June 1, aiming to boost duty-free access and strengthen textiles and MSME exports.
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