India–EFTA TEPA opens new destinations for GJ Exports!
India–EFTA TEPA comes into force with USD 100 bn investment scope The Prosperity Summit in New Delhi marked the entry into force of the India–EFTA Trade and Economic Partnership Agreement (TEPA). The agreement includes an investment objective of USD 100 billion over 15 years and facilitation of creating one million direct jobs in India, while providing wider goods and services access across Switzerland, Norway , Iceland and Liechtenstein. India’s economic trajectory as the world’s fastest growing large economy towards becoming the world’s third-largest economy would create a strong foundation for prosperity. Union Minister of Commerce and Industry, Piyush Goyal set the tone as he lauded the successful conclusion of the India-EFTA Trade and Economic Partnership Agreement (TEPA). He described the agreement as a defining moment in India’s economic engagement with Europe, stating that it represents “a trusted partnership between friends” built on mutual respe...