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India and Oman seek to boost trade via a new economic partnership agreement.
Indian Commerce Minister Piyush Goyal discussed strengthening trade ties with Oman via a telephonic call.
The talks focused on the pending India-Oman Comprehensive Economic Partnership Agreement (CEPA), which aims to boost bilateral trade and investment.
The agreement proposes removing tariffs on most goods, including textiles and pharmaceuticals, while India would lower duties on Omani imports like dates and petrochemicals.
Bilateral trade reached $10.61 billion in 2024-25, with over 700,000 Indian nationals living in Oman.
Both nations aim to expand economic cooperation under the CEPA framework.
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India y Oman buscan impulsar el comercio a través de un nuevo acuerdo de asociación económica.