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India and Oman negotiate a Free Trade Agreement, with India exempting over 100 product categories from customs duties.
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.
Oman is seeking revisions to market access for some products, particularly petrochemicals, raising concerns in India.
The FTA aims to enhance market access for about 98% of India's goods in Oman.
Bilateral trade has declined to $8.94 billion in 2023-24 from $12.39 billion in 2022-23.
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India y Omán negocian un Tratado de Libre Comercio, con India eximiendo a más de 100 categorías de productos de derechos de aduana.