India-Oman CEPA hands textile exporters duty-free run at $598M Gulf market from June 2026
Effective June 1, 2026, the India-Oman CEPA scraps Oman's 5% MFN duty across all 945 textile and apparel tariff lines plus handicrafts. India, already the third-largest supplier with an 11% share and $95.1M in FY26 exports, gets a sharper edge for MSMEs and artisans targeting Oman's $598M annual import pool.
India-Oman CEPA effective June 1, 2026 grants immediate duty-free access on all 945 textile and apparel tariff lines plus handicrafts, eliminating Oman's 5% MFN duty and boosting Indian exporters, MSMEs and artisans in a $598 million Gulf market.