Muscat — Indian Prime Minister Narendra Modi on Thursday concluded a historic visit to Oman, marked by the signing of a Comprehensive Economic Partnership Agreement (CEPA) and a series of high-level engagements aimed at deepening political, economic and strategic ties between the two countries.
The CEPA, signed during the visit, is Oman’s first free trade agreement in 19 years and only its second bilateral FTA, following the Sultanate’s agreement with the United States in 2006. The pact is expected to enhance market access, promote two-way investment and strengthen cooperation across key sectors, including trade, manufacturing, logistics and emerging industries.
During the visit, Modi held official talks with His Majesty Sultan Haitham bin Tarik at Al Barakah Palace, where the leaders reviewed bilateral relations, explored ways to expand cooperation and exchanged views on regional and international developments.
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Modi also addressed business leaders and members of the Indian diaspora, highlighting India’s economic growth, reform momentum and openness to global partnerships. He described the CEPA as a milestone that would support trade diversification and supply chain resilience at a time of global economic realignment.
The visit underscored the deep-rooted ties between Oman and India, built on centuries of maritime trade and strong people-to-people links, and signalled a renewed commitment by both sides to advancing a forward-looking partnership.
