ISDS Case Map
Oman
The Comprehensive Economic Partnership Agreement between India and Oman is set to come into force on June 1, marking a significant milestone in bilateral economic relations. Both nations will formally announce the decision.
The India–Oman free trade agreement is set to take effect on June 1, 2026, granting duty-free access to nearly 98% of Indian exports while lowering tariffs on Omani petrochemicals and minerals. Simultaneously, India is negotiating a Comprehensive Economic Partnership Agreement with Chile to expand trade into digital services and investment.
India has outlined an aggressive rollout timeline for a series of free trade agreements (FTAs), signalling a strong push to deepen global trade ties in 2026.
India and the UK are looking to implement their FTA and the Double Contribution Convention in the next 30 to 45 days while India and Oman are aiming to operationalise their Comprehensive Economic Partnership Agreement by May 2026.
The Omani Undersecretary for Commerce and Industry met the Chinese Ambassador to discuss strengthening bilateral trade and investment, with a key focus on accelerating the GCC-China Free Trade Agreement to boost regional economic integration and market access.
The agreement focuses on removing barriers, eliminating administrative, financial, technical, quantitative, and qualitative restrictions that impede trade.
India and Oman signed a free trade agreement that allows duty-free access of almost all Indian goods in the West Asian country, a comprehensive services package spanning 127 sectors, and a liberalised mobility framework for Indian professionals.
India and Oman will sign a free trade agreement on Thursday in Muscat with an aim to boost economic ties between the two countries.
Last-mile negotiations are going on over India’s demand for relaxations in the Gulf country’s Omanisation policy which prioritises employment of Omani nationals in the private sector, sources said.
India’s Ministry of Commerce announced the completion of CEPA negotiations with Oman. The government is also monitoring and mitigating the effects of US-imposed tariffs on Indian exports, while continuing efforts to expand trade partnerships globally through negotiations with the EU, Australia, and others.
