Archive · 10 Jun 2025
India-EFTA Trade Pact to Boost Economic Partnership
India and the European Free Trade Association (EFTA), which includes Switzerland, have a new trade agreement.
This agreement will make it easier for businesses in both areas to work together.
It promises steady and reliable rules for trade.
India gets $100 billion in investment over 15 years, and some goods will have lower taxes.
Both sides hope this partnership will lead to more trade and investment.
India and EFTA signed a free trade agreement (FTA).
The agreement will bring stability to businesses in both regions.
India will receive USD 100 billion in investment over 15 years.
The agreement is expected to be operational from October.
Piyush Goyal encouraged companies to promote trade and investment.
- Who
- Piyush Goyal, Commerce and Industry Minister
- What
- India-EFTA trade agreement
- When
- June 10, 2025
- Where
- Bern, Switzerland
- Why
- To bring stability, predictability, and continuity to businesses in the regions.
- Minister
- Piyush Goyal
- Location
- Bern, Switzerland
- TEPA Signing Date
- March 10, 2024
- Expected Operational Date
- October
- India Investment Commitment
- $100 billion in 15 years
Sources
Goyal to meet Swiss, Swedish business leaders; to discuss trade, investments
Goyal to meet Swiss, Swedish business leaders; to discuss trade, investments
Goyal to meet Swiss, Swedish business leaders; to discuss trade, investments
Piyush Goyal leaves for Switzerland and Sweden to bolster India’s trade ties
Piyush Goyal heads to Switzerland, Sweden to deepen economic ties and push India EFTA talks
Piyush Goyal meets top business leaders in Switzerland, explores new avenues
Piyush Goyal rolls out red carpet for Swiss firms to invest in India
Piyush Goyal rolls out red carpet for Swiss firms to invest in India