Muscat, Dec. 18 -- India is set to sign a Comprehensive Economic Partnership Agreement (CEPA) with Oman, marking an important step in strengthening India's economic engagement with the Gulf region.

The agreement is expected to improve market access, promote investments and enhance cooperation across key sectors.

The India-Oman CEPA holds special significance as it is Oman's second free trade agreement with an individual country and the first such agreement Oman is entering into in nearly 20 years.

The pact reflects the growing importance of India as a strategic trade and investment partner for Oman.

The agreement is expected to support trade diversification and supply chain resilience, helping both countries adapt to global economic r...