India signs FTA with Oman, receives zero duty access on 99% of its exports

Key Points

1. India and Oman signed a Comprehensive Economic Partnership Agreement (CEPA) on December 18, 2025.
2. Oman will provide India duty-free access to 98.08% of its tariff lines, covering 99.38% of India's exports to Oman.
3. India has offered liberalized tariffs on 77.79% of its total tariff lines, covering 94.81% of India's imports from Oman.
4. India exported $4.06 billion worth of merchandise to Oman in 2024-25.
5. India imported $6.5 billion worth of goods from Oman in 2024-25.
6. The CEPA includes concessions benefiting India’s service sector, including worker mobility.
7. Oman has offered a notable increase in the quota for Intra-Corporate Transferees from 20% to 50% under Mode 4.
8. The agreement provides for more liberal entry and stay conditions for skilled professionals in sectors like accountancy and medicine.