India-Oman Free Trade Agreement to Launch in June 2026, Boosting Exports
India-Oman free trade pact to kick in from June 1; granting zero-duty access to various exports
&w=1200&q=75)
Image: Zee News
The India-Oman Comprehensive Economic Partnership Agreement (CEPA) will take effect on June 1, 2026, granting zero-duty access for various Indian exports. The pact covers 98.08% of Oman's tariff lines and aims to enhance trade in sectors such as textiles, pharmaceuticals, and engineering goods.
- 01The CEPA will provide zero-duty access to 99.38% of India's current exports to Oman by value.
- 02India will liberalize tariffs on 77.79% of its tariff lines, covering 94.81% of imports from Oman.
- 03Sensitive categories excluded from concessions include dairy, tea, and certain agricultural products.
- 04The agreement enhances mobility for Indian professionals, allowing longer stays and increased quotas.
- 05Oman has committed to significant liberalization in sectors like computer services and healthcare.
Advertisement
In-Article Ad
The India-Oman Comprehensive Economic Partnership Agreement (CEPA) is set to commence on June 1, 2026, allowing zero-duty access for a broad spectrum of Indian exports. The Finance Ministry's notification outlines that Oman will grant zero-duty access on 98.08% of its tariff lines, which encompasses 99.38% of India's current exports to Oman by value. Key sectors benefiting from this agreement include textiles, pharmaceuticals, and engineering goods. Conversely, India will liberalize tariffs on 77.79% of its tariff lines, covering 94.81% of imports from Oman. However, sensitive products like dairy and certain agricultural items are excluded from these concessions. The CEPA also features a robust services chapter, expanding opportunities for Indian service providers in Oman, which has a global services import market of approximately $12.52 billion. Notably, the agreement introduces enhanced mobility provisions for Indian professionals, allowing longer stays and increased quotas for skilled workers across various sectors. This CEPA is part of India's broader strategy to diversify its trade partnerships amid shifting global economic conditions.
Advertisement
In-Article Ad
The CEPA is expected to enhance trade opportunities for Indian exporters, particularly in labour-intensive sectors, potentially increasing employment and economic activity.
Advertisement
In-Article Ad
Reader Poll
What do you think about the India-Oman CEPA?
Connecting to poll...
Read the original article
Visit the source for the complete story.





