Brief by Shorts91 Newsdesk / 12:42pm on 18 Dec 2025,Thursday India Global
India and Oman signed a Comprehensive Economic Partnership Agreement (CEPA) on December 18, 2025, in Muscat to strengthen bilateral trade, investment and economic ties. Under the deal, Oman will grant zero-duty access on over 98% of its tariff lines for Indian goods — covering nearly all Indian exports including textiles, gems, pharmaceuticals and automobiles — while India will cut tariffs on about 78% of imports from Oman. Annual trade between the two nations already exceeds $10 billion, and the pact is expected to expand market access, diversify exports, and deepen strategic economic engagement in the Middle East. (PC: Reuters)
