India, Oman free trade pact comes into force
The pact gives Indian exporters 100% duty-free access on 98.08% of Omani tariff lines and is expected to lift services, investment and mobility.
- The Comprehensive Economic Partnership Agreement between India and Oman takes effect today, June 1, 2026, as both governments formally announce the implementation of the broad-based trade pact.
- Under the new agreement, India gains immediate 100 percent duty-free access to 98 percent of Omani tariff lines, covering 99.38 percent of exports—a dramatic shift from the previous 15.3 percent zero-duty regime.
- Indian MSMEs, pharma exporters, and marine product firms gain significant competitive advantages; Indian medicines approved by major regulators receive automatic marketing authorization in Oman within 90 days.
- Oman has committed to enhanced mobility for Indian professionals in accounting, engineering, and medicine, raising the ceiling for intra-corporate transferees from 20 percent to 50 percent with stays up to four years.
- Positioned near the Strait of Hormuz, Oman serves as a strategic gateway for Indian goods entering Middle East and African markets, marking India's fifth major free trade agreement implemented since 2014.
30 Articles
30 Articles
India-Oman FTA comes into force, unlocks duty-free access for 99% of exports
The implementation of the Comprehensive Economic Partnership Agreement comes at a time when Indian exporters have faced logistical and trade disruptions in shipping goods to Gulf markets amid the ongoing US-Iran conflict
India-Oman trade pact comes into force: What landmark deal means for exports, investment and strategic ties?
The Comprehensive Economic Partnership Agreement (CEPA) between India and Oman came into force on June 1, marking a significant milestone in bilateral economic relations and strengthening India's strategic presence in the Gulf region.
The Hindu Business Line
India-Oman CEPA takes effect: 98% duty-free access opens doors for textiles, pharma, MSMEs: Piyush Goyal
India-Oman CEPA enables 98% duty-free access, boosting trade in textiles, pharma, and MSMEs, enhancing India's ties with Oman.
India-Oman CEPA comes into force today; opens duty-free access on 98% of tariff lines - The Tribune
The India-Oman Comprehensive Economic Partnership Agreement (CEPA) comes into force from today, marking a significant milestone in bilateral economic relations and providing Indian exporters with duty-free access across 98.08 per cent of Oman's tariff lines, covering 99.38 per cent of India's export value.
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