Trade and Economic Partnership Agreement

March 13, 2026 7:25 PM

Piyush Goyal urges industry to leverage India-EFTA trade pact; highlights $100 billion investment commitment

Union Commerce and Industry Minister Piyush Goyal on Friday urged industry leaders to fully utilise the opportunities created under the India-EFTA Trade and Economic Partnership Agreement (TEPA), highlighting a legally binding $100 billion foreign direct investment (FDI) commitment from EFTA nations and the potential to generate one million jobs in India. Addressing a commemorative session marking two years of the agreement organised by ASSOCHAM in New Delhi via video conference, Goyal describe...

March 10, 2026 4:25 PM

India-EFTA trade pact completes two years, targets $100 billion investment and deeper market access

The Trade and Economic Partnership Agreement (TEPA) between India and the member states of the European Free Trade Association (EFTA) has completed two years since its signing, marking a significant step in expanding trade, investment and technology collaboration between the partners. The agreement, signed with EFTA members - Iceland, Liechtenstein, Norway and Switzerland - moved from negotiation to implementation on October 1, 2025. The pact aims to strengthen economic cooperation through incr...

September 30, 2025 11:14 PM

India-EFTA trade pact to unlock $100 billion investments, 1 million jobs over 15 years

On October 1, the landmark India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA) will officially come into effect, marking a historic milestone in India’s trade diplomacy. Signed on March 10, 2024, in New Delhi, the agreement is being hailed as India’s most ambitious free trade deal to date - one that not only opens markets but also commits to long-term investments and job creation. For the first time in any free trade agreement signed by India, TEPA i...