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![EquityInsightss Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1350714811546419204.png) Equity Insights Elite [@EquityInsightss](/creator/twitter/EquityInsightss) on x 46.8K followers
Created: 2025-07-20 05:34:52 UTC

India & the four EFTA states (Iceland, Liechtenstein, Norway, Switzerland) finalized the Trade and Economic Partnership Agreement (TEPA) after XX years of talks🔥

It is the first deal in which India receives an investment commitment from the EFTA states🔥

Commerce Minister Piyush Goyal on XX July said that TEPA will come into force on X October 2025

EFTA pledges $ XXX bn of FDI into India over XX years

($50 bn in the first XX years, $XX bn in the next X years)

Aimed at creating one million direct jobs

EFTA removes duties on XXXX % of its tariff lines
India cuts duties on XXXX % of its lines

Duty‑free access for key exports (e.g. rice); lower duties on wine, chocolates, watches

• India has offered XXX sub-sectors to EFTA & secured commitments in XXX sub-sectors from Switzerland, XXX from Norway, XXX from Liechtenstein, XXX from Iceland

• TEPA will stimulate services exports such as IT services, business services, personal, cultural, sporting & recreational services etc

![](https://pbs.twimg.com/media/GwRvnaWXwAAvhoL.png)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946805990709702810/c:line.svg)

**Related Topics**
[$100bn](/topic/$100bn)
[investment](/topic/investment)
[switzerland](/topic/switzerland)
[norway](/topic/norway)
[liechtenstein](/topic/liechtenstein)
[iceland](/topic/iceland)
[india](/topic/india)

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