India and Oman have entered a new phase of economic cooperation with the signing of the Comprehensive Economic Partnership Agreement (CEPA), a landmark accord aimed at deepening bilateral trade and investment ties and strengthening long-term strategic relations between the two countries.
The agreement is expected to significantly expand trade flows between India and Oman, while boosting cross-border investments and supporting economic diversification efforts in both economies, according to news reports.
By easing market access and improving the regulatory framework for businesses, CEPA is designed to unlock opportunities across key sectors, enhance economic growth and contribute to job creation.
Officials said the partnership will play a catalytic role in strengthening supply chains, promoting industrial collaboration and encouraging private-sector participation.
The agreement also aligns with broader development goals, including diversification beyond traditional sectors and greater integration into regional and global value chains.
For businesses and people in both countries, CEPA promises tangible benefits, including improved access to markets, new employment opportunities and a more predictable and transparent trade environment.
As India and Oman move forward under the framework of the agreement, CEPA is expected to serve as a cornerstone of their evolving strategic and economic partnership.
