Headline
India–Oman Comprehensive Economic Partnership Agreement (CEPA) Comes into Force on 1 June 2026
Extracted Data Points
- India-Oman Comprehensive Economic Partnership Agreement (CEPA) came into force on 1 June 2026
- Agreement was signed on 18 December 2025
- Oman eliminated existing 5% MFN duty on all 945 textile and apparel tariff lines
- Immediate duty-free access provided for all textile and apparel products
- Immediate zero duty access provided on exports of handicraft lines
- India's exports of textiles, apparel and handicrafts to Oman stood at USD 95.1 million in FY 2025–26
- Oman imports textiles and apparel worth approximately USD 598 million annually
- India currently accounts for around 11% of Oman's total imports
- India ranks as Oman's third-largest supplier
- Agreement incorporates modern and fully digitalized Certificate of Origin (CoO) framework
- Enables seamless electronic exchange of origin certificates between countries
- Strengthens cooperation in intellectual property rights
- Provides recognition of Geographical Indications (GIs)
- Oman serves as gateway for trade with Gulf Cooperation Council (GCC) nations
- Bypasses chokepoints like the Strait of Hormuz through ports like Sohar
- Agreement signed by Union Minister of Commerce and Industry Shri Piyush Goyal and H.E. Qais bin Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion of Oman
- Signed under leadership of Prime Minister Shri Narendra Modi