ASIATODAY.ID, MUSCAT – India and Oman have officially signed the Comprehensive Economic Partnership Agreement (CEPA), opening a new chapter in bilateral trade relations on December 18, 2025.
The agreement grants duty-free access for 98% of Indian exports to Oman, covering textiles, agriculture, and leather products, while strengthening India’s strategic position in the Gulf region.
Indian Prime Minister Narendra Modi said, “This is a historic decision whose impact will be felt for decades. CEPA will bring new energy and confidence to our partnership in the 21st century, opening opportunities across every sector.”
The agreement also includes reduced tariffs on Omani exports, such as dates, marble, and petrochemical products.
Bilateral trade between India and Oman reached $10.5 billion in 2024-25, and the CEPA is expected to further boost this figure significantly.
India has been expanding its trade network with several major countries and economic blocs, including Mauritius, the UAE, Australia, the European Free Trade Association (EFTA), and the United Kingdom.
The Oman agreement represents a strategic step for India to strengthen regional economic ties and enhance its global competitiveness.
Through CEPA, India also reinforces its labor-intensive sectors, including gems and jewelry, textiles, and engineering goods, which are key export drivers.
The deal comes amid ongoing trade negotiations with other global markets, including the US and Mexico, which have imposed higher tariffs on Indian products.
The India-Oman CEPA not only solidifies bilateral economic cooperation but also signals India’s strategic ambitions to expand its influence in the Gulf and strengthen its position in the global economy. (AT Network)
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