New Delhi: India is set to implement its TEPA (Trade and Economic Partnership Agreement) pact it has signed with 4 nation bloc European Free Trade Association (EFTA). The implementation date is set as October 1 2025. The TEPA is India’s first such agreement with any european grouping. The EFTA groupoing includes countries of Switzerland, Norway, Iceland, and Liechtenstein.

India-EFTA Trade Deal

The Government of India, on March 2024, has signed the pact with four nation european bloc. However the implementation faced some delays due to procedural clearances in member states. Government officials said the launch aims to ensure that industry stakeholders are aware of its provisions and ready to benefit from them as reported by Business Standard.

TEPA is distinctive in India’s trade polic

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