LOADING...

India and Oman sign big trade deal to deepen ties

India

India and Oman just announced a Comprehensive Economic Partnership Agreement (CEPA), aiming to boost trade and investment between the two countries.
Announcing the deal, PM Modi invited Omani companies to be part of India's growth journey, highlighting recent reforms like GST and the Insolvency Code.
He also called the Indian community in Muscat a "living example of co-existence and co-operation," reflecting the strong cultural connection.

Why this matters:

Bilateral trade between India and Oman is about $10.5 billion in 2024-25, but this agreement is set to open up even more opportunities for businesses on both sides.
The CEPA isn't just about economics—it's also about building confidence and energy in a partnership that has deep historical roots.