02/06/2026
India and Oman have officially implemented the Comprehensive Economic Partnership Agreement (CEPA) from June 1, 2026, marking a major milestone in bilateral economic relations. Under the agreement, Oman will provide 100% duty-free access on 98.08% of its tariff lines, covering 99.38% of India’s exports by value. Key Indian sectors expected to benefit include textiles, engineering goods, pharmaceuticals, agriculture, processed food, marine products, chemicals, electronics, plastics, and gems & jewellery. The agreement is expected to strengthen India’s export competitiveness and create new opportunities for MSMEs and manufacturers.
The CEPA also expands cooperation in services, investment, logistics and professional mobility, while reinforcing Oman’s role as a strategic gateway to the Middle East and Africa. With bilateral trade already crossing USD 11 billion, the agreement is expected to deepen supply chain integration, attract investment and strengthen India’s economic presence across the Gulf region.