ISDS Case Map
Oman
India’s Minister of Commerce and Industry, Piyush Goyal, announced that the FTA with Oman is nearing completion, with negotiations at an advanced stage. The Comprehensive Economic Partnership Agreement (CEPA) talks between India and Oman have been making rapid progress .
Iran’s Trade Promotion Organization referred to the details of trade documents and agreements recently signed between Iran and Oman, and mentioned preferential trade agreement as one of the most important.
Commerce and Industry Minister Piyush Goyal has indicated that India is likely to sign a free trade agreement (FTA) with Oman soon, as the talks between the two countries are making headway.
India and Oman are close to finalising a Free Trade Agreement, with India seeking protections for its workers amid Oman's shifting "Omanisation" policy.
India is negotiating a slew of trade deals, including with the UK, Oman and the EU, and also plans to bring back on the table a 'mini pact' with US.
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.
Iran and Oman have signed a memorandum of understanding on preferential trade and customs cooperation.
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.
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.
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.
