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India-EFTA TEPA Agreement
October 3 , 2025
13 hrs 0 min
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- The India–European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA) come into force on 01 October 2025.
- TEPA commits to USD 100 billion in foreign direct investment (FDI) and 1 million direct jobs in India over the next 15 years.
- EFTA will eliminate tariffs on 99.6% of India’s exports, including 100% of non-agricultural products and key processed food items.
- India has opened 82.7% of its tariff lines covering 95.3% of EFTA exports, mainly gold, with no change in duty on gold.
- TEPA facilitates Mutual Recognition Agreements (MRAs) in professional services like nursing, accountancy, and architecture.
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