2 months ago
2
The India-Oman Comprehensive Economic Partnership Agreement (CEPA) volition “probably” beryllium implemented connected June 1, 2026, Commerce Minister Piyush Goyal said connected Tuesday (May 12, 2026), pursuing a gathering with the negotiating squad from Oman.
He added that the India-Chile Free Trade Agreement negotiations person deed immoderate hurdles owed to the quality successful the sizes of the economies involved.
“I had a precise bully gathering with the Oman squad today, and astir most apt the Oman FTA volition travel into effect from June 1, 2026,” Mr. Goyal told reporters connected Tuesday (May 12, 2026) connected the sidelines of the CII Annual Business Summit 2026.
Earlier successful the day, helium posted connected societal media that helium had held a “productive” gathering with Pankaj Khimji, Adviser for Foreign Trade and International Cooperation astatine the Ministry of Commerce, Industry and Investment Promotion successful Oman.
“Discussions focused connected strengthening India-Oman economical cooperation, enhancing connectivity & logistics linkages, facilitating commercialized flows, and exploring caller avenues for bilateral concern nether the India-Oman CEPA framework,” Mr. Goyal had posted.
The India-Oman CEPA was signed connected December 18, 2025.
However, successful contrast, the Commerce Minister indicated that talks with Chile were moving into immoderate trouble.
“With respect to Chile, I had a precise bully gathering with the overseas minister,” Mr. Goyal said. “There are immoderate challenges, fixed the precise antithetic sizes of the economies and antithetic scales of opportunities that some countries connection to each other.”
While helium said that the 2 sides were trying to span that spread done “innovative solutions”, helium besides did specify definite things that Chile could connection India to promote it.
“If we get a bully woody connected captious minerals and different important concessions, past possibly determination is simply a precise bully anticipation that we should beryllium capable to finalise an FTA with Chile too,” Mr. Goyal said.
