New Delhi: The India–EFTA Trade and Economic Partnership Agreement (TEPA), that came into force with $100 billion investment objective and one million direct jobs, is a defining moment in India’s economic engagement with Europe, which represents “a trusted partnership between friends” built on mutual respect and sensitivities.

The pact provides wider goods and services access across Switzerland, Norway, Iceland and Liechtenstein.

According to Commerce Minister Piyush Goyal, it is the first trade agreement to incorporate a firm investment commitment, thereby balancing interests and ensuring fairness between partners.

At an event here, he underscored that the entire population of the four EFTA countries is less than that of Mumbai city alone, yet the partnership is driven by the “big hea

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