{"id":91166,"date":"2025-12-22T00:00:00","date_gmt":"2025-12-22T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?p=91166"},"modified":"2025-12-28T02:01:24","modified_gmt":"2025-12-28T02:01:24","slug":"india-oman-cepa-signed-and-sealed","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/12\/22\/india-oman-cepa-signed-and-sealed\/","title":{"rendered":"India-Oman CEPA signed and sealed"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> India and Oman have signed a Comprehensive Economic<\/strong><strong> Partnership Agreement (CEPA)<\/strong> granting India near-universal no-duty access to the Omani market and marking New Delhi\u2019s second freetrade agreement (FTA) with a Gulf nation after the UAE, India\u2019s Commerce Minister Piyush Goyal said in a <a target=\"_blank\" href=\"https:\/\/x.com\/PiyushGoyal\/status\/2001600683192295856?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2001600683192295856%7Ctwgr%5E126fec0a6505756ff8b072411d1c6c9c8d032258%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.pib.gov.in%2FPressReleasePage.aspx%3FPRID%3D2205889reg%3D3lang%3D2\" style=\"\" rel=\"noopener\">post on X<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters:<\/strong> The FTA marks an important shift in New Delhi\u2019s otherwise reluctant approach toward freetrade agreements, Middle East expert and director at the India-based Centre for Studies of Plural Societies Omair Anas told EnterpriseAM. Given India\u2019s growing export economy, \u201cthe US tariff war has created a favorable condition for India to look beyond big markets,\u201d he added. <\/p>\n<p class=\"tag-border-left\">In numbers-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Under the CEPA, Oman will provide zero-duty access on 98% of its tariff lines<\/strong>, covering 99.38% of India\u2019s exports to Oman by value, according to <a target=\"_blank\" href=\"https:\/\/www.pib.gov.in\/PressReleasePage.aspx?PRID=2205889&reg=3&lang=1\" style=\"\" rel=\"noopener\">India\u2019s Commerce Ministry<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In turn, India will liberalize tariffs on 77.8% of its tariff lines<\/strong>, covering 94.8% of imports from Oman by value, largely through tariff-rate quotas to protect sensitive sectors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Bilateral trade between India<\/strong><strong> and Oman stood at USD 10.61 bn in FY 2025<\/strong>, up from USD 8.94 bn in FY 2024. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> The details- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s in, out:<\/strong> The agreement provides full tariff elimination for Indian exports across labor-intensive and industrial sectors, including gems and jewelry, textiles and apparel, leather and footwear, sports goods, plastics, furniture, agricultural products, engineering goods, pharma, medical devices, and automobiles. India has excluded several sensitive products from tariff concessions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Indian goods were already entering Oman at low average tariffs of around 5%<\/strong>, limiting the incremental boost from duty cuts alone, Ajay Srivastava, founder of the Global Trade Research Initiative, told EnterpriseAM. Oman\u2019s small domestic market also constrains the scale of export growth, he said, making a sharp jump in shipments unlikely.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The agreement\u2019s greater value lies in strengthening India\u2019s role in Oman\u2019s logistics<\/strong><strong> hubs<\/strong>, economic zones, and regional re-export networks, rather than in headline tariff reductions alone, Srivastava noted.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pact is India\u2019s second freetrade agreement with a Gulf country following the India-UAE CEPA<\/p>\n","protected":false},"author":1,"featured_media":91167,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41],"tags":[17,201,142,32],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-91166","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade","tag-enterprise-logistics","tag-india","tag-oman","tag-trade","wpautop","entry"],"acf":{"mongo_id":"52083c29-80a4-4525-8bd4-0d620a5813e8","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/12\/1057.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Oman and India inked a freetrade agreement to deepen bilateral trade","related_issue":[91156],"teaser":"The pact is India\u2019s second freetrade agreement with a Gulf country following the India-UAE CEPA"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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