| Aspect | Details |
|---|---|
| Event | India-Oman Comprehensive Economic Partnership Agreement (CEPA) |
| Date | 18 December 2025 |
| Signed by | Commerce & Industry Minister Shri Piyush Goyal (India) and Oman's Minister of Commerce, Industry & Investment Promotion H.E. Qais bin Mohammed Al Yousef |
| Significance | Oman's first bilateral trade agreement since its FTA with the USA in 2006; India's second FTA in six months (after the UK) |
| Bilateral Trade | Exceeds USD 10 billion, with significant scope for expansion |
| Market Access for Indian Goods | Zero-duty access on 98.08% of Oman's tariff lines, covering 99.38% of India's exports by value |
| Key Beneficiary Sectors | Textiles, leather, footwear; gems & jewellery; engineering products; plastics, furniture; agricultural products; pharmaceuticals & medical devices; automobiles |
| India's Tariff Commitments | Tariff liberalisation on 77.79% of tariff lines, covering 94.81% of imports from Oman by value |
| Protected Sectors | Dairy, tea, coffee, rubber, tobacco; gold & silver bullion, jewellery; footwear, sports goods; metal scraps |
| Services Commitments | Oman's first-ever comprehensive services commitments covering 127 sub-sectors: computer-related services, business & professional services, audio-visual services, R&D services, education, and health services |
| Mode 4 Mobility | Increased Intra-Corporate Transferees quota from 20% to 50%; Contractual Service Suppliers stay extended from 90 days to 2 years, extendable further |
| FDI | 100% FDI allowed for Indian companies in major services sectors in Oman |
| Landmark Provisions | First-ever commitment on Traditional Medicine; fast-tracking of pharmaceutical approvals; mutual recognition arrangements for Halal certification and India's NPOP certification for organic products |
| Strategic Significance | Strengthens India's economic footprint in the Gulf region; positions Oman as a strategic hub for India's access to Middle East and Africa |
| Key Takeaways | Major gains for labour-intensive sectors, MSMEs, and women-led enterprises; ambitious services commitments; enhanced Mode 4 mobility; 100% FDI allowed |
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