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Sign in to searchIndia–European Free Trade Association Trade and Economic Partnership Agreement (TEPA): A Strategic Shift in India’s Trade Diplomacy
The India–EFTA Trade and Economic Partnership Agreement (TEPA), which came into force on 1 October 2025, represents a landmark in India’s evolving trade policy. Signed in March 2024 after more than two decades of negotiations, TEPA is India’s first comprehensive free trade agreement with the four EFTA countries—Switzerland, Norway, Iceland, and Liechtenstein—all high-income, technologically advanced economies outside the European Union.
TEPA is distinct from earlier FTAs because i
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India-EFTA TEPA: landmark trade agreement with $100B FDI commitment, 92% tariff concessions, and strategic focus on job creation and sustainable growth.
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