Business & Economics
India and Oman Seal CEPA Granting Near-Total Duty-Free Market Access
On 18 Dec 2025 in Muscat, Prime Minister Narendra Modi and Sultan Haitham bin Tarik concluded a Comprehensive Economic Partnership Agreement that wipes tariffs on 98.08 % of Omani lines for Indian exports and liberalises labour mobility, while Modi was simultaneously decorated with the Order of Oman during the visit marking 70 years of bilateral ties.
Focusing Facts
- The CEPA extends zero-duty entry to 99.38 % of India’s current exports and 98.08 % of Oman's tariff lines.
- Oman offered binding commitments in 127 services sub-sectors, raising quotas and stay periods for Indian professionals under Mode 4.
- Modi became the first Indian leader to receive the Order of Oman, adding his 29th foreign state honour on 18 Dec 2025.
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Perspectives in this article
- Pro-government Indian media
- Indian business & economic press
- Omani local media