India, EFTA trade pact comes into force: Union Commerce Minister Piyush Goyal

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Union Minister of Commerce & Industry, Piyush Goyal, addressed the media after signing of the India-EFTA Trade & Economic Partnership Agreement (TEPA)  in New Delhi. File

Union Minister of Commerce & Industry, Piyush Goyal, addressed the media after signing of the India-EFTA Trade & Economic Partnership Agreement (TEPA) in New Delhi. File
| Photo Credit: ANI

The free trade agreement between India and the four European nations bloc (EFTA) has come into force, Commerce and Industry Minister Piyush Goyal said on Wednesday (October 1, 2025).

He said the pact will unlock new opportunities for trade, investment and job creation, benefiting people and businesses.

“Truly a historic day, as the India-EFTA Trade and Economic Partnership Agreement (TEPA) comes into force,” he said in a post on X.

Head of the Swiss Federal Department of Economic Affairs, Education and Research Guy Parmelin said, “Today marks the entry into force of the Trade and Economic Partnership Agreement (TEPA) between EFTA and India”.





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