Summary:

An important turning point in bilateral relations was reached on June 1, 2026, when India and Oman operationalised the Comprehensive Economic Partnership Agreement (CEPA). 98% of Oman's tariff lines, which cover more than 99% of exports, are duty-free for India. The agreement benefits MSMEs and Indian exporters in a number of industries, including textiles, pharmaceuticals, engineering items, autos, agriculture, marine, and jewellery. The ports of Sohar, Duqm, and Salalah in Oman improve access to markets in the Gulf Cooperation Council, Africa, and the Indian Ocean. Professionals, transferees, and business travellers are supported by services and mobility provisions. In Oman, Indian generic medications are approved for ninety days. Unpolished marble is no longer prohibited in Oman, which helps Indian artisans. The CEPA supports broader FTAs and is consistent with India's trade agenda. In 2025–2026, India imported items worth Rs. 66,722.40 crore from Oman.

Source: IBEF

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