Archive · 21 Sep 2025
India, Oman Close to CEPA Trade Pact Soon
India and Oman are close to signing a trade deal called CEPA.
This agreement aims to make it easier to trade goods and services by reducing or eliminating customs duties.
Negotiations have concluded, and legislative processes are underway.
The goal is to diversify trade beyond oil and petrochemicals.
Bilateral trade between the two countries reached $10.61 billion in 2024-2025.
There are over 6,000 joint ventures.
India has a similar agreement with the UAE.
India and Oman are set to sign the CEPA trade agreement soon.
Negotiations have concluded; legislative processes are underway.
The CEPA aims to diversify trade and reduce customs duties.
Bilateral trade between the two countries reached $10.61 billion in 2024-2025.
India's key imports from Oman are petroleum products and urea.
- Who
- India and Oman
- What
- Are set to sign a CEPA trade agreement
- When
- Very soon, after legislative and administrative processes
- Where
- Between India and Oman
- Why
- To diversify trade and reduce customs duties
- Agreement
- Comprehensive Economic Partnership Agreement (CEPA)
- Negotiations
- Concluded
- Bilateral Trade (2024-25)
- $10.61 billion
- India-Oman Joint Ventures
- Over 6,000
- India FDI in Oman
- $776 million
- Oman FDI in India
- $605.57 million (April 2000 - March 2025)
