India’s Free Trade Agreement (FTA) with the European Free Trade Association (EFTA) countries — Switzerland, Liechtenstein, Norway and Iceland — will officially come into effect from 1 October 2025, Union Minister of Commerce and Industry Piyush Goyal announced on Monday.
Speaking at the valedictory session of the UP International Trade Show, Goyal said the deal, which was finalised in March 2024, marks another major step in India’s global trade strategy.
“Free Trade Agreement (FTA) with the EFTA countries (Iceland, Liechtenstein, Norway, and Switzerland), which was finalised in March 2024, will come into effect from October 1, 2025," he said, referring to the EFTA bloc.
This agreement adds to a growing list of trade pacts signed by India in recent years, including with the UAE, Australi