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India - EFTA trade deal
July 17 , 2025
16 hrs 0 min
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- Switzerland has ratified the India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA), set to launch in October 2025.
- TEPA aims to reduce trade barriers, simplify customs, and open Indian markets to Swiss and EFTA exports.
- The EFTA bloc (Iceland, Liechtenstein, Norway, and Switzerland) will invest $100 billion in India over 15 years.
- This investment is expected to create 1 million jobs in India, marking a major economic boost.
- Switzerland is currently the 12th-largest investor in India.
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