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India-Oman CEPA Enforces 98.08% Duty-Free Access on $11.18 Bn Trade From June 1, 2026

EconomyIntl. RelationsHIGH
Target:UPSC GS-IIIMPSCSSC GATeachingPrelims HighMains MediumStatic GK Link
08 Jun 2026
~2 min
Source: The Hindu
Key Data:June 1, 202698.08%$11.18 billion$8.94 billion15.33%99.38%
Bodies:FICCIExport Inspection Council (EIC)
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What This Article Covers

1.The India-Oman CEPA entered into force on June 1, 2026, modernizing a historic trade relationship.

2.Oman offers duty-free access on 98.08% of tariff lines, covering 99.38% of India's exports by value, a major boost from the previous 15.33%.

3.The agreement is strategically significant for India's energy security, Gulf presence, and serves as a gateway to wider GCC and East African markets.

The Big Picture
Prelims · HighMains · Medium

The India-Oman Comprehensive Economic Partnership Agreement (CEPA) came into force on June 1, 2026, providing 98.08% duty-free access for Indian exports and boosting bilateral trade that reached $11.18 billion in FY25-26. This strategic agreement enhances India's economic integration with the Gulf region, focusing on trade facilitation, professional mobility, and regulatory cooperation.

Exam Lens

Quick Exam Facts From News

CEPA Effective DateJune 1, 2026
Duty-Free Access98.08% of Oman's tariff lines
Bilateral Trade FY25-26$11.18 Billion
Trade FY23-24$8.94 Billion
Previous Duty-Free Access15.33% under MFN

1-Minute Revision

  • ›CEPA Effective Date: June 1, 2026
  • ›Duty-Free Access: 98.08% of Oman's tariff lines
  • ›Target this Data: '98.08%' - Oman's duty-free tariff lines under CEPA.
  • ›Target this Nodal Body: 'Export Inspection Council (EIC)' - whose certificates Oman accepts.
  • ›Target this Date: 'June 1, 2026' - CEPA enforcement date.

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Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

The article mentions that Oman will accept certificates issued by India's Export Inspection Council (EIC). Under which Union Ministry does the EIC primarily function?

Q2Statement-basedHard

Consider the following statements regarding the India-Oman Comprehensive Economic Partnership Agreement (CEPA):

1. It came into force on June 1, 2026.

2. Under the agreement, Oman has offered duty-free access on 98.08% of its tariff lines.

3. Before this agreement, over 50% of India's exports entered Oman at zero duty under the Most Favoured Nation regime.

Which of the statements given above is/are correct?

Q3Data-centricMedium

According to the article, what was the value of India-Oman bilateral trade in the fiscal year 2025-26?

Q4Application/ImpactMedium

What is a key strategic advantage of the India-Oman CEPA, as highlighted in the article, beyond direct bilateral trade?

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