MUSCAT : His Majesty Sultan Haitham bin Tarik on Sunday issued Royal Decree No. 30/2026 approving the Comprehensive Economic Partnership Agreement (CEPA) between the Sultanate of Oman and the Republic of India, formalising a trade pact finalised during the visit of Indian Prime Minister Narendra Modi to Muscat.
The decree ratifies the agreement concluded between the Government of Oman and the Government of India, paving the way for its implementation in accordance with constitutional procedures.
The CEPA was finalised during Modi’s official visit to Oman in December, where both sides agreed to deepen economic cooperation, expand trade and investment flows, and strengthen strategic ties between the two countries.
Read More
- HH Sayyid Shihab presides over recital of Prophet’s life story at Al Alam Palace
- Oman’s CPA shuts travel agency in Rustaq over failure to deliver promised services
- Oman expands organic farm Yuzu to boost food security and local production
- Oman to host ICESCO delegation in Dhofar to strengthen cultural diplomacy and cooperation
- Dhofar Municipality launches wage support scheme for seasonal Omani workers
The agreement is expected to enhance market access, reduce trade barriers and create new opportunities across key sectors including manufacturing, services, logistics and technology, in line with Oman’s economic diversification strategy and India’s growing engagement with Gulf partners.
India is among Oman’s largest trading partners, with strong links spanning energy, infrastructure, food security and expatriate workforce ties. The ratification marks a significant step in institutionalising economic cooperation between the two nations.
For all the latest news from Oman and GCC, follow us on Twitter, Instagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.
