EconomySaturday, 30 May 2026·The Hindu
India-Oman CEPA enters force on June 1, 2026; key trade facts for TNPSC
The India-Oman Comprehensive Economic Partnership Agreement came into force on June 1, 2026, boosting access for Indian exporters and marking a trade milestone.
Key highlights
Direct fact
On June 1, 2026, the India-Oman Comprehensive Economic Partnership Agreement (CEPA) came into force, after being signed on December 18, 2025 in Muscat.
Key specifics
- The pact was signed on December 18, 2025 in Muscat and entered into force on June 1, 2026.
- Commerce and Industry Minister Piyush Goyal announced the agreement’s operational start.
- About 10 consignments of agriculture and gems-and-jewellery products were shipped from Mumbai, Kolkata and Chennai under preferential tariffs.
- India-Oman bilateral trade reached $11.18 billion in FY 2025-26, up from $10.61 billion in FY 2024-25.
- Beneficiary sectors named include textiles, leather, plastics, marine products, automobiles, sports goods and agri-items.
Exam lens
Question type: Economy and trade agreement facts, with CEPA, Muscat, June 1 2026, $11.18 billion trade and Chennai shipment as the likely TNPSC one-liners.