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flag India and Oman negotiate a Free Trade Agreement, with India exempting over 100 product categories from customs duties.

flag India and Oman are negotiating a Free Trade Agreement (FTA) where India is not requesting customs duty concessions on over 100 product categories, including liquor and cigarettes. flag Oman is seeking revisions to market access for some products, particularly petrochemicals, raising concerns in India. flag The FTA aims to enhance market access for about 98% of India's goods in Oman. flag Bilateral trade has declined to $8.94 billion in 2023-24 from $12.39 billion in 2022-23.

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