Indian Updates
India and Oman sign the Comprehensive Economic
Partnership Agreement
On 18th December 2025, India and Oman signed the
Comprehensive Economic Partnership Agreement. Pursuant to the
finalisation of the Agreement, Oman has committed to offer zero
duty for 98.08% of its tariff lines and India has offered duty
reduction on 77.79% of its tariff lines. India has reserved 2,700
tariff lines under its exclusion list including sectors such as
transport equipment, major chemicals, chocolates, cereals, dairy
products, oilseeds, fruits and vegetables, spices, coffee and tea,
and animal origin products. Oman has also protected its sensitive
sectors such as cigarettes, tobacco, and alcohol. Further, India
has also put in place a tariff rate quota (TRQ) for imports of
marble, dates, petrochemicals, and plastics. The Agreement has also
ensured greater market access for services including transfer of
professionals in accountancy, taxation, architecture, medical
