India, Oman Trade Partnership Deal To Come Into Force From June 1; Know What's Inside
Key points
- India, Oman Trade Partnership Deal To Come Into Force From June 1;
- Know What's Inside Published By, Last Updated: May 31, 2026, 20:47 IST India Oman CEPA takes effect June 1, giving India near complete duty free access to Omans market, boosting exports while India shields sensitive farm and industrial sectors The two countries are expected to formally announce the implementation of the pact on Monday, June 1 India’s Comprehensive Economic Partnership Agreement (CEPA) with Oman will come into force from June 1, giving Indian exporters near-complete duty-free access to the Gulf nation’s market and marking a major step in bilateral trade ties.
- The two countries are expected to formally announce the implementation of the pact on Monday.
- It will be the fifth free trade agreement implemented under the Narendra Modi government after deals with Mauritius, the UAE, Australia and the European Free Trade Association (EFTA).
- India-Oman Trade Agreement Under...
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India, Oman Trade Partnership Deal To Come Into Force From June 1; Know What's Inside Published By, Last Updated: May 31, 2026, 20:47 IST India
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Key Takeaways
- India, Oman Trade Partnership Deal To Come Into Force From June 1; Know What's Inside Published By, Last Updated: May 31, 2026, 20:47 IST India Oman CEPA takes effect June 1, giving India near complete duty free access to Omans market, boosting exports while India shields sensitive farm and industrial sectors The two countries are expected to formally announce the implementation of the pact on Monday, June 1 India’s Comprehensive Economic Partnership Agreement (CEPA) with Oman will come into force from June 1, giving Indian exporters near-complete duty-free access to the Gulf nation’s market and marking a major step in bilateral trade ties.
- The two countries are expected to formally announce the implementation of the pact on Monday.
- It will be the fifth free trade agreement implemented under the Narendra Modi government after deals with Mauritius, the UAE, Australia and the European Free Trade Association (EFTA).
- India-Oman Trade Agreement Under the agreement, India will receive 100% duty-free market access for exports covering 98.08% of Oman’s tariff lines and 99.38% of the trade value.
- Products worth about $3.64 billion that currently attract import duties of up to 5% in Oman will now enter the market duty-free from the first day of the pact.
📌 Source: News18
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