ISDS Case Map
India
Trade ministers of India and Oman reviewed progress of the proposed free trade agreement between the two countries and focused on advancing the negotiations for the pact.
India and Oman will review their free trade agreement (CEPA) negotiations during an upcoming ministerial visit. While negotiations are largely concluded, Oman has requested revisions to market access for certain products. The visit aims to finalize a mutually beneficial agreement.
The EU is keen to reactivate talks on a trade agreement with New Delhi.
The Gulf Cooperation Council is set to initiate long-awaited free trade negotiations with India this year, according to its Secretary-General Jasem Mohamed Al-Budaiwi.
Oman has requested a review of some concessions made during free trade agreement (FTA) negotiations with India, causing a delay in the pact's signing. While negotiations concluded in March 2024, Oman's request, focusing on areas like cigarettes and liquor (of minimal interest to India), has prompted further discussions.
Indian Commerce Minister and European Trade Commissioner met to discuss expediting the India-EU FTA, signals a renewed push to advance negotiations on the India-EU FTA, a pact that has faced hurdles over the years due to differences on issues such as market access, tariff reductions and regulatory alignment.
The negotiations on a free trade agreement between India and the UK are expected to resume in early February, after months of pause due to the general election in the UK, a senior official said.
Despite nine intense rounds of negotiations over two-and-a-half years, progress on the proposed free trade agreement negotiations between India and the European Union is now on a slow track over fundamental differences.
The UK government told Parliament that the Free Trade Agreement talks with India have been relaunched to deliver a joint ambition of taking the bilateral relationship to even greater heights.
India and Oman are in the fifth round of negotiations for a CEPA. While bilateral trade has recently declined, the agreement seeks to reduce or eliminate customs duties and ease trade norms to promote trade in goods, services, and investments. India already has a similar agreement with the UAE.
