Indian updates
India-Oman Comprehensive Economic Partnership Agreement (CEPA) Agreement enters into force
The India Oman CEPA has come into force from 1st June 2026. The agreement was signed by both parties on 18th December 2025. Pursuant to the enforcement, Oman has offered zero duty on 98.08% of its tariff lines and India is set to offer duty reduction on 77.79% of its tariff lines. The Agreement will provide a boost to the marine exports from India, benefiting the coastal states of the country. India also gains duty free access on its Gems and Jewellery products. Oman has also offered Indian pharmaceuticals products and electronics zero duty market access which will allow Indian business competitive advantage over many European counterparts. Oman has also protected its sensitive sectors such as cigarettes, tobacco, and alcohol. India has reserved 2,700 tariff lines under its exclusion list including sectors such as transport equipment, major chemicals, chocolates, cereals,