India-Oman CEPA to boost trade, MSME exports, energy security: Bank of Baroda economist

India has signed a Comprehensive Economic Partnership Agreement (CEPA) with Oman to boost bilateral trade, support MSME-led exports and strengthen energy security. The pact, signed during Prime Minister Narendra Modi’s visit, offers zero-duty access on over 98 per cent of Oman’s tariff lines for Indian goods and improves market access for labour-intensive sectors such as textiles, gems and jewellery, engineering goods and pharmaceuticals.