India and Oman are sealing a big trade deal this week
India and Oman are about to sign a major economic partnership (CEPA) on December 18 in Muscat, with PM Modi in attendance.
The goal? Make it easier for both countries to do business by cutting tariffs on many Indian exports—worth $4 billion last year—and opening up more opportunities for sectors like textiles, auto parts, food processing, and renewable energy.
Why does this matter?
This deal isn't just about trading more goods—it's expected to boost jobs, attract new investments, and help Indian businesses compete globally.
With Oman acting as a gateway to the Gulf region, Eastern Europe, Central Asia, and Africa, young entrepreneurs and professionals could potentially see fresh markets open up beyond oil.
Plus, Indian investments in Oman have already tripled since 2020—indicating real momentum for anyone looking at global careers or startups.