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The escaped commercialized agreement between India and Oman came into unit connected Monday (June 1, 2026), Commerce and Industry Minister Piyush Goyal said. The India-Oman Comprehensive Economic Partnership Agreement (CEPA) volition payment home exporters successful sectors specified arsenic textiles, leather, plastics, marine products, automobiles, sports goods, and agri-items, arsenic they summation preferential entree to the Omani marketplace implicit competitors, Mr. Goyal said.
"The India-Oman Comprehensive Economic Partnership Agreement is entering into unit from today," the curate told reporters here. The escaped commercialized pact was signed connected December 18, 2025, successful Muscat. Upon completion of interior processes by some parties, the Agreement entered into unit connected June 1, 2026.
To people the introduction into force, astir 10 consignments of agriculture and gems and jewellery products from Mumbai, Kolkata and Chennai were shipped to the Gulf federation nether the preferential tariffs.
Oman is India's second-largest trading spouse successful the Gulf portion and serves arsenic a strategical gateway to the wider GCC marketplace done its precocious larboard infrastructure. Bilateral commercialized betwixt India and Oman reached $11.18 cardinal successful FY 2025-26, up from $10.61 cardinal successful FY 2024-25.
