Economy

India signs FTA with Oman, receives zero duty access on 99% of its exports

December 18, 2025

India and Oman have signed a Comprehensive Economic Partnership Agreement (CEPA) that grants Oman duty-free access to 98.08% of its tariff lines, covering 99.38% of India's exports to Oman. The agreement aims to boost economic cooperation and enhance bilateral relations, with Prime Minister Modi emphasizing its long-term significance during the signing event in Muscat.

India signs FTA with Oman, receives zero duty access on 99% of its exports

Credit: Thehindu

Key Highlights

India receives zero-duty access on 98.08% of Oman's tariff lines.
The agreement covers 99.38% of India's exports to Oman.
India offers liberalized tariffs on 77.79% of its tariff lines for imports from Oman.
The CEPA includes concessions benefiting India's service sector.
The deal was signed during PM Modi's four-day visit to Oman.

India Economy

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

India signs FTA with Oman, receives zero duty access on 99% of its exports

Key Highlights

Sources

Related Stories

More Democratic lawmakers say DOJ prosecutors are investigating them over military video

One person injured in shooting by federal agent

If President Trump acquired Greenland, he would find himself in charge of a slow-growing economy heavily reliant on more than $1 billion of annual government subsidies