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      Question

      Under the India-Oman CEPA, what percentage of India’s

      exports to Oman will receive duty-free access?
      A 77.79% Correct Answer Incorrect Answer
      B 94.81% Correct Answer Incorrect Answer
      C 98.08% Correct Answer Incorrect Answer
      D 99.38% Correct Answer Incorrect Answer
      E 100% Correct Answer Incorrect Answer

      Solution

      CEPA offers 99.38% of its tariff lines which includes 98.08% of India’s exports, making it one of the most comprehensive market access outcomes secured by India in the Gulf region. Earlier, under the MFN regime, only 15.33% of India’s exports entered Oman duty-free.

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