The India-Oman CEPA, operationalized on June 1, 2026, eliminates tariffs on 99.38% of Indian exports. It strengthens India’s energy security, boosts services and MSMEs, and provides a strategic, conflict-free trade gateway bypassing the volatile Strait of Hormuz.
Click to View MoreIn February 2026, India and the GCC finalized the ToR for an FTA under the Act West policy, aiming to expand ties beyond energy into renewables, investment, and diaspora welfare. Backed by $178.56 billion trade, it supports IMEC and targets $300 billion trade by 2030.
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