India, June 11 -- India-Oman free trade agreement has opened huge export opportunities for domestic labour-intensive and value-added sectors such as textiles, gems and jewellery and marine products, experts say. Beyond goods, the comprehensive economic partnership agreement (CEPA) also sets the architecture for deeper services and mobility linkages, they said. The pact was operationalised on June 1. "Taken together, the CEPA does not merely lower tariffs; it builds a durable framework across goods, services, mobility and investment that should support a sustained step-up in bilateral commerce over the medium-term," Gulzar Didwania, Partner, Deloitte India, said.

He said that the most strategic dimension of the India-Oman CEPA is its cont...