India and Oman near finalizing a historic free trade agreement (CEPA) to enhance bilateral trade.

India and Oman are close to finalizing a historic free trade agreement (CEPA) that aims to enhance bilateral trade and investment ties by eliminating duties on key products such as petroleum, textiles, electronics, pharmaceuticals, machinery, and iron and steel. Indian Ambassador to Oman Amit Narang also suggested exploring opportunities to improve direct shipping links between the two countries to reduce trade costs and enhance trade efficiency.

August 27, 2024
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