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India and EFTA Sign Historic Trade and Economic Partnership Agreement.

International | Dated: 12 Mar 2026

India and the European Free Trade Association (EFTA) signed the final implementation of the Trade and Economic Partnership Agreement (TEPA). The landmark free trade agreement aims to boost bilateral trade, investments, and job creation across diverse sectors.

🎯 Key Highlights:

  • EFTA comprises Switzerland, Norway, Iceland, and Liechtenstein.
  • The agreement includes a commitment of 100 billion USD investment in India.
  • It will significantly reduce tariffs on industrial goods and processed foods.

💡 Other Important Facts:

  • Agreement: TEPA.
  • Partners: India & EFTA.
  • Investment: USD 100 Bn.

📚 Test Your Knowledge:

India recently signed the landmark Trade and Economic Partnership Agreement (TEPA) with which European bloc?

Correct Answer: EFTA

🚀 Quick Recap:

About EFTA

  • Founded - 1960
  • Headquarters - Geneva, Switzerland