India-EFTA Trade and Economic Partnership Agreement (TEPA) Set to Launch in 2025

The India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA) will take effect on October 1, 2025, committing $100 billion in investments and creating 1 million jobs over 15 years. The agreement aims to enhance market access for goods and services, promote sustainable development, and facilitate technology collaboration. It includes provisions for Mutual Recognition Agreements in professional services and aims to boost exports in sectors like IT, agriculture, and engineering.

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