Geopolitics and Security Alliances

PM Modi: India-Oman CEPA to boost trade and investment ties.

Prime Minister Narendra Modi announced the signing of the India-Oman Comprehensive Economic Partnership Agreement (CEPA) during his visit, aiming to enhance bilateral trade and investment. The CEPA will provide duty-free access to 98% of Indian exports to Oman, fostering growth in various sectors beyond traditional energy. Modi emphasized India’s robust economic reforms and the potential for collaboration in green energy, AI, and agri-tech, inviting Omani businesses to explore these opportunities. The agreement underscores the deep-rooted maritime trading ties and positions India and Oman for mutual growth, reflecting India’s strategic approach to strengthening partnerships in the Gulf region.

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