EconomyGS-3
18 December 2025India and Oman Sign Comprehensive Economic Partnership Agreement
Syllabus: International Trade
Ministry of Commerce and Industry
Why in news?
India and Oman signed a Comprehensive Economic Partnership Agreement (CEPA) during the Prime Minister’s official visit to Oman.
⚛️Static Concepts
Free Trade AgreementsEconomic Diplomacy
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Prelims-Oriented Points
- Signed during PM’s visit to Oman.
- Aims to reduce trade barriers.
- Creates stable framework for bilateral trade and investment.
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Examiner's Trap: CEPA is broader than a tariff-reduction agreement.
Quick Data Points
70 years of India–Oman diplomatic relations
Bilateral trade crossed USD 10 billion
Mains Value Addition
GS-3: Trade, investment and economic diplomacy.- Enhances trade diversification.
- Boosts investment flows and job creation.
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