India and Oman Operationalize Free Trade Pact as Bilateral Trade Hits $11.18 Billion
The India-Oman Comprehensive Economic Partnership Agreement (CEPA) officially took effect on June 1, 2026. The implementation follows a year where bilateral trade climbed to $11.18 billion, up from $10.61 billion in FY 2024-25. The pact is designed to eliminate or significantly reduce duties across various goods and services categories.