India-Oman Trade Pact Update – The Comprehensive Economic Partnership Agreement (CEPA) between India and Oman is set to be finalized soon. According to Omani Ambassador to India Eisa Saleh Abdullah Saleh Alshibani, negotiations have been completed, and the agreement is now in the final legal and administrative stages.
In an interview with PTI, the Ambassador said, “We hope that the agreement will be signed very soon.”
The trade pact aims to expand cooperation beyond the energy sector, opening new opportunities in products, services, and investment flows. Both countries are preparing to enhance economic ties and boost bilateral trade under the new agreement.
Key Benefits of India-Oman CEPA
Diversified Trade: Expands economic relations beyond oil and gas.
Market Access: Provides Indian businesses wider entry into Oman’s growing market.
Investment Boost: Encourages cross-border investments and joint ventures.
Job Creation: Opens opportunities in manufacturing, services, and logistics.
Strategic Relations: Strengthens India’s presence in the Gulf region.
The signing of the India-Oman CEPA will mark a significant milestone in strengthening strategic and economic relations between the two nations.
