The first gold jewellery shipment from Kolkata to Oman under the India-Oman CEPA marks a significant step for India’s gems and jewellery sector, creating a direct duty-free export route and unlocking new growth opportunities in the Gulf market.
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The India–Oman Comprehensive Economic Partnership Agreement (CEPA), which abolishes customs duty on imports of gems and jewellery in Oman from India, is expected to significantly boost India’s exports to Oman and strengthen direct trade linkages between the two countries, according to the Gem & Jewellery Export Promotion Council (GJEPC).
