Muscat - India and Oman are close to finalising their long-discussed Comprehensive Economic Partnership Agreement (CEPA), with the pact expected to be signed during Prime Minister Narendra Modi’s proposed visit to Muscat on December 17–18, according to sources familiar with the negotiations.
Key sticking points — including Oman’s mandatory localisation policy, known as Omanisation, and India’s concerns over possible misuse of the treaty by China through third-country routing — have largely been resolved. “The agreement is almost ready for signature,” a source tracking the talks confirmed.
Ajay Sahai, Director General & CEO . . .
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