Current Affairs - International - Discussion

India signed a Comprehensive Economic Partnership Agreement (CEPA) with Oman on 18 December 2025, marking a significant milestone in India’s economic engagement with the Gulf region. The agreement aims to boost bilateral trade, investment, services, and professional mobility while providing near-universal duty-free access to Indian exports. It grants zero-duty access on over 98% of tariff lines, benefiting sectors such as textiles, gems and jewellery, engineering goods, pharmaceuticals, and agriculture. The CEPA also includes Oman’s first-ever comprehensive services commitments and enhanced mobility provisions for Indian professionals, strengthening long-term economic cooperation and strategic ties between the two nations.