Will the India-Oman CEPA Enhance Mobility for Skilled Professionals?
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Synopsis
The India-Oman CEPA promises to transform the economic landscape by enhancing professional mobility and fostering robust trade relations. Minister Piyush Goyal emphasizes collaboration across diverse sectors, paving the way for mutual prosperity. As the agreement is set to be signed, both countries are poised for a dynamic economic future.
Key Takeaways
- CEPA promotes mobility for skilled professionals.
- It aims to enhance bilateral trade and investment.
- Opportunities across various sectors are unlocked.
- India and Oman are set for a prosperous economic future.
- Strengthening of ties through the Indian diaspora.
New Delhi, Dec 18 (NationPress) The India–Oman Comprehensive Economic Partnership Agreement (CEPA) aims to improve market accessibility for professionals and enterprises from both nations, as stated by Commerce and Industry Minister Piyush Goyal on Thursday.
During his address at the India–Oman Business Forum in Muscat, Goyal mentioned that the agreement will establish a fair and predictable visa system for Indian skilled workers while fully honoring Oman’s employment regulations.
He highlighted that the CEPA embodies a mutual vision for building a robust and diverse economic partnership that encompasses trade, investment, tourism, innovation, and technology.
Goyal pointed out the extensive avenues for collaboration in crucial sectors, urging businesses and investors from both nations to capitalize on these prospects to foster mutual advancement and shared wealth.
He noted that bilateral trade between the two nations exceeded $10 billion, but remarked that this achievement is merely the beginning. “We have a long journey ahead and many accomplishments await us,” he stated.
Goyal emphasized that the CEPA will usher in a more ambitious phase of collaboration by providing duty-free access, tackling trade obstacles, and simplifying regulations, making exports from both sides more competitively priced in each other’s markets.
He encouraged Omani businesses to tap into India’s expansive and dynamic domestic market while positioning Oman as a pivotal gateway for Indian firms to the Gulf, Africa, and West Asia.
Goyal stated that the CEPA represents the culmination of our shared vision and committed efforts to forge a mutually prosperous future for our peoples.
The minister mentioned that the CEPA will unlock significant opportunities across various sectors, including textiles, food processing, automobiles, gems and jewellery, agrochemicals, renewable energy, and auto components.
He underscored Oman’s strategic location as a conduit to the Gulf Cooperation Council (GCC), Eastern Europe, Central Asia, and Africa, which enhances market access for Indian enterprises.
He also recognized the impact of the 700,000-strong Indian diaspora in Oman, describing it as a living bridge that fortifies bilateral relations.
Oman’s Minister of Commerce, Industry and Investment Promotion, Qais Al Yousef, remarked that India has become Oman’s third-largest trading partner while Oman remains a significant destination for Indian investments in key sectors.
The CEPA is set to be signed on December 18, in the presence of Prime Minister Narendra Modi and Sultan Haitham bin Tariq.
Point of View
The India-Oman CEPA represents a significant step towards enhancing bilateral relations. This agreement not only facilitates professional mobility but also positions both countries to leverage their economic strengths. It reflects a collaborative spirit aimed at mutual prosperity, which is crucial in today’s interconnected world.
NationPress
18/12/2025
Frequently Asked Questions
What is the India-Oman CEPA?
The India-Oman CEPA is a Comprehensive Economic Partnership Agreement that aims to enhance market access for professionals and businesses between India and Oman.
How will CEPA benefit skilled professionals?
The CEPA will provide a predictable visa regime for Indian skilled professionals while respecting Oman’s employment policies.
What sectors will benefit from CEPA?
Key sectors include textiles, food processing, automobiles, gems and jewellery, agrochemicals, renewable energy, and auto components.
Who are the key figures involved in the CEPA signing?
The CEPA will be signed in the presence of Prime Minister Narendra Modi and Sultan Haitham bin Tariq.
What is the significance of the Indian diaspora in Oman?
The Indian diaspora, comprising approximately 700,000 individuals, plays a vital role in strengthening bilateral ties between India and Oman.
