India-Oman Forge Stronger Ties: CEPA Signed, Focus on Energy, Security, Tech, Diaspora

Business
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Moneycontrol•18-12-2025, 19:37
India-Oman Forge Stronger Ties: CEPA Signed, Focus on Energy, Security, Tech, Diaspora
- •India and Oman signed a Comprehensive Economic Partnership Agreement (CEPA) and a Joint Vision Document on Maritime Cooperation during PM Modi's visit on Dec 17-18, 2025.
- •CEPA aims to reduce trade barriers, boost investment, create jobs, and encourage private sector participation, diversifying trade in key sectors.
- •Expanded cooperation includes energy (green hydrogen/ammonia, exploration), defence (joint exercises, maritime security), and technology transfer.
- •MoUs signed cover agriculture, higher education, museums, industry linkages, and cultural initiatives like Ayush and ICCR chairs.
- •Both nations addressed diaspora welfare, air connectivity, condemned terrorism, and expressed concern over the Gaza humanitarian situation.
Why It Matters: India and Oman deepen strategic partnership with CEPA, focusing on economy, energy, security, and diaspora welfare.
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