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

Union Trade and Industry Minister Piyush Goyal addressed the media after signing the India-Efta Trade and Economic Partnership Agreement (TEPA) in the new Delhi. File | Photo Loan: Ani

Minister of Commerce and Industry, Piyush Goyal, said on Wednesday, October 1, 2025, said the free trade agreement between India and the Bloc of India and four European countries (EFTA) entered into force.

Pact, trade, investment and business creation of new opportunities to unlock, people and businesses will benefit, he said.

India-EFTA Trade and Economic Partnership Agreement (TEPA) is really a historical day when entering into force. This will unlock new opportunities for the creation of trade, investment and employment that benefit the public and our businesses.

I am looking forward to working together to strengthen 🇮🇳🇨🇭 … https://t.co/n6dnqvtot0

– Piyush goyal (@piyushgoyal) October 1, 2025

“A really historic day, when the India-Efta Trade and Economic Partnership Agreement (TEPA) came into force,” he said. X.

Swiss Federal Economic Affairs, the Ministry of Education and Research President Guy Parmelin, “Today, the trade and economic partnership agreement between EFTA and India points out to enter into force,” he said.

Published – 01 October 2025 07:03 pm IST