India and Oman Sign Landmark Trade Pact, Unlocking New Export Opportunities
India and Oman have taken a decisive step towards deepening their economic partnership with the signing of a Comprehensive Economic Partnership Agreement CEPA on December The agreement signed in Muscat by Union Commerce and Industry Minister Piyush Goyal and Oman s Minister of Commerce Industry and Investment Promotion Qais bin Mohammed Al Yousef was witnessed by Prime Minister Narendra Modi and Sultan Haitham bin Tarik More than just a trade pact the CEPA reflects growing trust strategic alignment and people-to-people ties between the two nations At its core the agreement aims to remove barriers to trade boost services cooperation and create new pathways for investment and employment For Indian exporters professionals and entrepreneurs the deal opens doors that were previously constrained by tariffs and restrictive mobility norms Near-Total Tariff-Free Access for Indian ExportsOne of the most significant outcomes of the CEPA is Oman s decision to provide India duty-free access
