- India and Oman have signed the Comprehensive Economic Partnership Agreement (CEPA).
- This is the first bilateral agreement that Oman has signed with any country since the United States of America in 2006.
- FTA: Negotiations for the agreement began officially in 2023.
- In FTAs two trading partners either significantly reduce or eliminate customs duties on a maximum number of goods traded between them.
- They also ease norms to promote trade in services and attract investments. Read More
India-Oman Trade and Investment Ties Deepen
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