India and Oman just signed a big trade deal—here's what it means
India and Oman have inked a new trade pact called the Comprehensive Economic Partnership Agreement (CEPA), aiming to kick things off within three months.
Signed during PM Modi's visit to Muscat, this deal gives zero-duty access for almost all Indian exports to Oman—covering over 99% of what India sells to Oman by value (99.38%).
Why should you care?
This agreement is set to make life easier for Indian businesses, especially in sectors like textiles, gems, pharma, engineering, and agriculture—meaning more jobs and opportunities back home.
It also opens doors for young professionals in fields like IT, education, and healthcare by making it simpler to work or invest across both countries.
Plus, with faster pharma approvals and a push for green tech investments (like batteries and hydrogen), this partnership could spark some cool new projects—and maybe even create jobs that didn't exist before.