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

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,