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India and Oman officially signed the Comprehensive Economic Partnership Agreement (CEPA) on December 18, 2025, during Prime Minister Narendra Modi's visit to Muscat.

1st statement is incorrect. This is Oman's first bilateral trade agreement since 2006 and India's second Gulf-focused CEPA after the 2022 deal with the UAE.

2nd statement is correct. To protect domestic interests, India has excluded sensitive sectors such as dairy, tea, coffee, rubber, tobacco, gold, silver, and certain footwear.

3rd statement is correct. Oman's Concessions: Offers zero-duty access on 98.08% of its tariff lines, covering 99.38% of Indian exports by value.

Immediate Benefits: Tariff elimination is immediate for 97.96% of these product lines.

India's Concessions: India will liberalize 77.79% of its tariff lines, covering roughly 94.81% of Omani imports by value.

2a:T444,

India and Oman officially signed the Comprehensive Economic Partnership Agreement (CEPA) on December 18, 2025, during Prime Minister Narendra Modi's visit to Muscat.

1st statement is incorrect. This is Oman's first bilateral trade agreement since 2006 and India's second Gulf-focused CEPA after the 2022 deal with the UAE.

2nd statement is correct. To protect domestic interests, India has excluded sensitive sectors such as dairy, tea, coffee, rubber, tobacco, gold, silver, and certain footwear.

3rd statement is correct. Oman's Concessions: Offers zero-duty access on 98.08% of its tariff lines, covering 99.38% of Indian exports by value.

Immediate Benefits: Tariff elimination is immediate for 97.96% of these product lines.

India's Concessions: India will liberalize 77.79% of its tariff lines, covering roughly 94.81% of Omani imports by value.