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

editorialBy editorialOctober 1, 2025No Comments1 Min Read
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India, EFTA trade pact comes into force: Union Commerce Minister Piyush Goyal
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Union Minister of Commerce & Industry, Piyush Goyal, addressed the media after signing of the India-EFTA Trade & Economic Partnership Agreement (TEPA) in New Delhi. File
| Photo Credit: ANI

The free trade agreement between India and the four European nations bloc (EFTA) has come into force, Commerce and Industry Minister Piyush Goyal said on Wednesday (October 1, 2025).

He said the pact will unlock new opportunities for trade, investment and job creation, benefiting people and businesses.

Truly a historic day as the India-EFTA Trade and Economic Partnership Agreement (TEPA) comes into force. This will unlock new opportunities for trade, investment & job creation, benefiting our people & businesses.

Look forward to working together to further strengthen 🇮🇳🇨🇭… https://t.co/n6DNQvtot0

— Piyush Goyal (@PiyushGoyal) October 1, 2025

“Truly a historic day, as the India-EFTA Trade and Economic Partnership Agreement (TEPA) comes into force,” he said in a post on X.

Head of the Swiss Federal Department of Economic Affairs, Education and Research Guy Parmelin said, “Today marks the entry into force of the Trade and Economic Partnership Agreement (TEPA) between EFTA and India”.

Published – October 01, 2025 07:03 pm IST

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