India-European Free Trade Association(EFTA) Trade and Economic Partnership Agreement (TEPA) will come into effect from tomorrow. The agreement was signed on 10th of March last year in New Delhi. EFTA is an important regional group, with several growing opportunities for enhancing international trade in goods and services. EFTA countries are Iceland, Liechtenstein, Norway, and Switzerland and among them Switzerland is the largest trading partner of India followed by Norway.Trade and Economic Partnership Agreement is a modern and ambitious agreement that incorporates, for the first time in any Free Trade Agreement (FTA) signed by India which is a commitment linked to investment and job creation.

The agreement focuses on market access related to goods, trade facilitation, investment promotio

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