India, June 1 -- The India-Oman Comprehensive Economic Partnership Agreement (CEPA) officially entered into force on June 1, marking a significant milestone in bilateral economic relations and ushering in a new phase of strategic trade and investment cooperation between the two countries, amid the ongoing Middle East crisis and the impact of tension at the Strait of Hormuz.

The agreement was signed in Muscat on December 18, 2025, in the presence of Prime Minister Narendra Modi and Sultan Haitham bin Tarik Al Said of Oman. Following the completion of the required domestic procedures by both sides, the CEPA became operational on June 1, 2026.

The operationalisation of the agreement was marked in the presence of Union Commerce and Industry...