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India and Oman Fast-Track Negotiations for CEPA
- 29 Jan 2025
On 28th January 2025, India and Oman are expediting discussions to sign their Comprehensive Economic Partnership Agreement (CEPA), a major step towards enhancing bilateral trade and investment.
Key Highlights
- Successful Visit: Indian Minister co-chaired the 11th Session of the India-Oman Joint Commission Meeting (JCM) which focused on strengthening trade, investment, technology, food security, renewable energy, and other critical sectors.
- Double Taxation Avoidance Agreement (DTAA): A protocol to amend the India-Oman DTAA was signed, aligning the agreement with international standards and simplifying tax procedures to encourage greater cooperation in cross-border taxation.
- Business and Investment Opportunities: Minister participated in the India-Oman Joint Business Council (JBC) meeting, which featured discussions on investment opportunities, and met with key Omani CEOs and business leaders to promote India’s growing economic potential.
