India-EFTA Trade Agreement Takes Effect
The Trade and Economic Partnership Agreement (TEPA) between India and the EFTA States (Iceland, Liechtenstein, Norway, and Switzerland) officially came into force on October 1, 2025. This agreement marks a significant advancement in trade relations, aiming to mobilize $100 billion in investments in India over 15 years and create one million jobs. The TEPA is expected to enhance market access, streamline customs procedures, and foster deeper economic integration, benefiting both parties with increased trade and investment flows.
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