Bangladesh, Dec. 24 -- In an era marked by geopolitical fragmentation, sanctions regimes, trade wars, and military standoffs, states are increasingly rediscovering the strategic value of economic tools. The recent Comprehensive Economic Partnership Agreement (CEPA) between Oman and India stands as a textbook example of how economic statecraft can serve national interests more effectively-and more sustainably-than coercive or militarized approaches. By prioritizing trade liberalization, investment facilitation, and market access, both countries are demonstrating how “carrots” rather than “sticks” can reshape bilateral relations while enhancing strategic autonomy in an uncertain global environment.

The CEPA signed b...