India-Oman Trade Deal CEPA to Start on 1 June 2026 – 98 Percent of Indian Exports Get Duty-Free Access

FAQ (FREQUENTLY ASKED QUESTIONS)

Q1: What does CEPA stand for?
A: Comprehensive Economic Partnership Agreement.

Q2: When will the India-Oman CEPA come into force?
A: On 1 June 2026.

Q3: What percentage of Indian exports to Oman will get duty-free access?
A: 98%.

Q4: Name two products from Oman on which India will reduce tariffs.
A: Dates and marbles (also petrochemical items).

Q5: What was the bilateral trade value between India and Oman in FY2024-25?
A: About US$10.61 billion.

EXAM-FOCUSED POINTS

• Agreement name:  Comprehensive Economic Partnership Agreement (CEPA) between India and Oman

• Signed:  December 2025

• Ratified by Oman:  February 2026 (via Royal decree)

• Effective from:   1 June 2026

• Duty-free access for India:  98% of its exports to Oman

• Indian export products covered:  Textiles, agricultural products, leather items

• Indian tariff reduction on Omani products:  Dates, marbles, petrochemical items

• Bilateral trade (FY2024-25):  ~US$10.61 billion

• Recent meeting:  12 May 2026 in New Delhi on economic cooperation

• CEPA vs FTA:  CEPA is broader – covers goods, services, investment, and economic cooperation