India, Dec. 18 -- India is set to sign a Comprehensive Economic Partnership Agreement with Oman, a move that marks a significant expansion of New Delhi's economic engagement with the Gulf region and reflects its broader push to diversify trade partnerships amid global economic realignment.

The development comes as Prime Minister Narendra Modi is travelling to Oman on an official visit, with discussions with the Omani leadership scheduled to begin later in the day. This will be the last leg of PM's three nations visit.

The visit, at the invitation of Sultan Haitham bin Tariq, coincides with the 70th anniversary of diplomatic relations between the two countries and is intended to provide political momentum to the conclusion of the CEPA, w...