Trade pact grants wider duty-free access for exports.
The India-Oman Comprehensive Economic Partnership Agreement (CEPA) came into force on June 1, 2026, strengthening bilateral trade and investment ties between the two countries. Under the agreement, India has secured duty-free access across 98.08 per cent of Oman’s tariff lines, covering 99.38 per cent of India’s exports by value. All zero-duty concessions have become effective immediately.
The agreement is expected to boost exports from sectors including gems and jewellery, textiles, leather, footwear, marine products, engineering goods, processed foods and pharmaceuticals. Oman’s logistics hubs at Sohar, Duqm and Salalah are also expected to enhance Indian exporters’ access to Gulf Cooperation Council and East African markets. The CEPA includes commitments covering goods, services, investment and professional mobility, while India has maintained safeguards for sensitive sectors through exclusion lists and tariff-rate quota mechanisms.
Source: Press Information Bureau (PIB)
