New Delhi, March 11 -- On March 10, 2024, he European Free Trade Association (EFTA) States - Iceland, Liechtenstein, Norway, and Switzerland - and India signed a Trade and Economic Partnership Agreement (TEPA). The landmark agreement between India and EFTA is set to bring significant economic benefits, such as better integrated and more resilient supply chains, new opportunities for businesses and individuals on both sides leading to increased trade and investment flows, job creation, and economic growth.

At the signing ceremony, Federal Councillor Guy Parmelin, speaking on behalf of the EFTA Member States stated that "EFTA countries gain market access to a major growth market. Our companies strive to diversify their supply chains while ...