New Delhi, June 1 -- The India-Oman Comprehensive Economic Partnership Agreement (CEPA) is expected to strengthen economic integration between India and Oman by expanding market access, improving trade facilitation and enhancing opportunities for exporters, professionals and investors across multiple sectors, said PHDCCI in a statement released here on Monday.
Rajeeev Juneja, president of PHDCCI, said that this agreement will create new opportunities for MSMEs and service providers by reducing trade barriers.
"India is well-positioned in key labour-intensive sectors like agriculture, food processing, pharmaceuticals, textiles, gems and jewellery that will benefit substantially from the agreement. The agreement also strengthens India's tra...