India-EFTA Trade Pact Becomes Operational

By BPN News Desk October 2, 2025

Business Trade

The Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA) came into effect on October 1, 2025, as announced by Commerce Minister Piyush Goyal. The pact involves Switzerland, Norway, Iceland, and Liechtenstein. Key Features of the Agreement

Business Trade

India–EFTA Pact To Take Effect From October 1

By BPN News Desk September 29, 2025

India’s long-awaited trade deal with the European Free Trade Association (EFTA) will officially begin on October 1, 2025. The pact, formally known as the Trade and Economic Partnership Agreement (TEPA), was signed in March 2024 after 16 years of negotiations. Investment Commitments And Economic Goals Under the agreement, EFTA member countries — Iceland, Liechtenstein,

Op-Eds Opinion

India–EFTA FTA: Opening Doors to $100 Billion and 1 Million Jobs

By BPN News Desk September 8, 2025

India’s trade diplomacy is entering a decisive phase. With the India–EFTA Trade and Economic Partnership Agreement (TEPA) set to take effect from October 1, 2025, the country has signed its first free trade pact with a developed Western bloc. The European Free Trade Association (EFTA) — comprising Switzerland, Norway, Iceland, and Liechtenstein — may not […]

Business Trade

Switzerland Ratifies EFTA‑India Trade Pact, Set for September

By BPN News Desk July 12, 2025

Switzerland has formally completed approval of the Trade and Economic Partnership Agreement (TEPA) with India and the other European Free Trade Association (EFTA) members—Norway, Iceland, and Liechtenstein—bringing to a close nearly 16 years of negotiation. India’s Commerce Minister has announced the pact is set to enter into force in September 2025, ushering in new

Automobile

Piyush Goyal Urges Auto Industry to Manufacture Machines Domestically

By BPN News Desk January 17, 2025

Commerce Minister Piyush Goyal encourages India's auto component industry to reduce import dependency by manufacturing machinery domestically and expanding electric vehicle component production.