India-Oman CEPA takes effect, opens preferential Gulf access for textiles, gems, marine exporters
The India-Oman Comprehensive Economic Partnership Agreement entered into force June 1, 2026, granting Indian exporters preferential access to Oman across textiles, leather, gems & jewellery, agri, marine and sports goods. First 10 consignments shipped from Mumbai, Kolkata and Chennai. FY26 bilateral trade stood at USD 11.18 billion versus USD 10.61 billion in FY25.
India-Oman CEPA took effect June 1, granting preferential Omani market access to Indian exporters in textiles, leather, gems & jewellery, agri, marine and sports goods, with first consignments shipped from Mumbai, Kolkata, Chennai.
Why this matters
Operationalizes the India-Oman CEPA flagged earlier for unlocking 98% duty-free access across textiles, pharma and gems lanes, with first shipments now moving from Mumbai, Kolkata and Chennai.
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