India secures new trade gateway through Oman pact as Hormuz crisis deepens

New Delhi: India’s expanding partnership with Oman offers Delhi an alternative route for crucial imports amid supply disruptions caused by the closure of the Strait of Hormuz, experts said on Friday, as a free trade pact between the two countries went into effect earlier this week. Under the India-Oman Comprehensive Economic Partnership Agreement, India will export most of its goods without paying tariffs, covering about 99 percent of the total value of India’s exports to Oman.

  News   Jun 5, 2026   0   1  Add to Reading List
India secures new trade gateway through Oman pact as Hormuz crisis deepens
New Delhi: India’s expanding partnership with Oman offers Delhi an alternative route for crucial imports amid supply disruptions caused by the closure of the Strait of Hormuz, experts said on Friday, as a free trade pact between the two countries went into effect earlier this week. Under the India-Oman Comprehensive Economic Partnership Agreement, India will export most of its goods without paying tariffs, covering about 99 percent of the total value of India’s exports to Oman.
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