India, Oman Seal Historic Free Trade Deal After Two Years of Talks

• India and Oman are set to sign a Comprehensive Economic Partnership Agreement (CEPA) on December 18.
• This marks Oman's first free trade agreement in nearly two decades, following its 2006 deal with the US.
• The signing coincides with PM Narendra Modi's visit to Muscat, celebrating 70 years of bilateral relations.
• India is Oman's third-largest trading partner, with Indian investments exceeding $5 billion since 2020.
• The CEPA aims to boost trade, investment, and cooperation in energy transition, infrastructure, food security, and startups.

Why It Matters: India and Oman sign a landmark CEPA, strengthening economic ties and regional influence.