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Under the leadership of Prime Minister @NarendraModi ji and His Majesty Sultan Haitham bin Tarik, India and Oman have inked the India-Oman Comprehensive Economic Partnership Agreement (CEPA), marking a significant milestone in India's strategic engagement with the Gulf region. The deal provides India with unprecedented market access, offering zero-duty on 98.08% of Oman's tariff lines, which cover 99.38% of India's exports by value. This will significantly benefit labour-intensive sectors, generating employment and strengthening MSMEs, artisans, and women-led enterprises. Key export sectors, including textiles, leather, footwear, gems & jewellery, engineering goods, plastics, furniture, agricultural products, pharmaceuticals, medical devices, and automobiles, will gain from full tariff elimination, reinforcing India's manufacturing and export competitiveness. Protection has been given to India's sensitive sectors to safeguard the interests of our farmers and small businesses. The agreement provides a comprehensive and forward-looking framework for services trade, covering IT, business and professional services, R&D, education, health, and audio-visual services. A major highlight is an 8 times extension of permitted duration of stay for Contractual Service Suppliers from 90 days to two years, with the possibility of a further two-year extension. With enhanced mobility provisions, there will be more avenues for our skilled professionals in key sectors such as accountancy, taxation, architecture, medical, and allied services. 100% FDI for Indian companies in major services sectors will unlock high-value opportunities for Indian talent. #IndiaOmanCEPA facilitates mutual recognition arrangements for Halal certification and accepts India’s NPOP certification for organic products, thereby enhancing cooperation in standards and conformity assessment. It also fast-tracks marketing authorizations for Pharmaceutical products approved by USFDA, EMA, UKMHRA, etc. thus reducing time and cost for Indian pharma exporters. A landmark element of the Agreement is Oman's first-ever commitment on Traditional Medicine, creating new opportunities for India's AYUSH and wellness ecosystem in the Gulf region. This is a balanced and ambitious agreement that will boost bilateral trade, strengthen supply chains, create employment, and deepen long-term economic partnership, in line with India's vision of inclusive and sustainable growth. 🇮🇳🤝🇴🇲 📖 pib.gov.in/PressReleasePa…