Sultan Haitham bin Tariq of Oman has given official approval to the Comprehensive Economic Partnership Agreement (CEPA) with India. This decision has been taken through Royal Decree No. 30/2026, issued on 15 February 2026. Earlier this agreement was signed in December 2025. With this new rule, doing business between the two countries will now become easier and cheaper than ever.
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What will change with the agreement?
The biggest advantage of this agreement is that the tax or custom duty imposed on goods moving between the two countries will be greatly reduced. According to the information, 97% of Oman’s products will get special discounts in the Indian market. Similarly, duty on 99% of goods coming to Oman from India will also be gradually removed. This includes urea, polythene, metals and many other products of India.
Benefits for general public and migrants
When the tax on goods will be reduced, then obviously things will be available cheaper in the market, which will directly benefit the common customers. This is a big opportunity for Indians living in Gulf countries and businessmen of Oman. This will increase investment and create new job opportunities in sectors like textiles, agricultural goods, jewelery and renewable energy. This step will also give impetus to economic development under Oman Vision 2040.
