Sansad Tv
Today on the show, we’re focusing on the landmark Comprehensive Economic Partnership Agreement between India and Oman, signed on the 18th of December during Prime Minister Narendra Modi’s visit to Muscat. This agreement marks a major milestone in India’s engagement with Oman, promising to significantly boost bilateral trade, create employment opportunities, expand exports, strengthen supply chains, and open new pathways for long-term economic cooperation between the two nations. The CEPA secures unprecedented tariff concessions for India. Oman has offered zero-duty access on 98.08% of its tariff lines, covering an extraordinary 99.38% of India’s exports to the country. From the Indian side, tariff liberalisation has been extended on 77.79% of total tariff lines, covering 94.81% of India’s imports from Oman by value. For the products of export interest to Oman and which are sensitive to India, the offer is mostly a tariff-rate quota (TRQ) based tariff liberalization. Moreover, India has safeguarded critical sectors by placing sensitive products in an exclusion category offering no tariff concessions on items such as dairy, tea, coffee, rubber, tobacco, bullion, jewellery, several labour-intensive goods including footwear and sports items, and scrap of base metals. To help us understand what this agreement means for trade, industry, and India–Oman relations going forward.
Anchor: – Teena Jha
Producer: – Sagheer Ahmad
Guest Coordinator:- Deepti Vashisht, Vinod Kumar Singh, Paras Kandpal
Guests:-
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