India and Oman to Implement Comprehensive Economic Partnership Agreement (CEPA) from June 1

Key facts

• The Comprehensive Economic Partnership Agreement (CEPA) between India and Oman will come into force on June 1, marking the fifth free trade agreement implemented by the Indian government since 2014.
• Bilateral trade between the two nations reached USD 11.18 billion during 2025-26, with India’s exports standing at USD 4.02 billion and imports from Oman valued at USD 7.16 billion.
• The agreement provides 100% duty-free market access for Indian exports covering 98.08% of Oman’s tariff lines, benefiting sectors such as textiles, agriculture, iron and steel, electronics, machinery, and pharmaceuticals.
• Oman has increased the Intra-Corporate Transferees (ICT) ceiling for Indian firms from 20% to 50% and secured commitments for professional service providers in IT, accounting, engineering, medical, education, and construction.
• India has excluded 2,789 tariff lines from concessions to protect domestic industries, including dairy, meat, sugar, oilseeds, cereals, fruits, vegetables, spices, coffee, tea, rubber, leather, and textiles.
• Indian agricultural exports such as natural honey, potatoes, cashews, boneless meat, and bakery items will secure immediate duty-free entry, while India will grant zero-duty access for up to 2,000 tonnes of Omani dates annually.