About
On 10 March 2024, Member States of the European Free Trade Association – Iceland, Liechtenstein, Norway, and Switzerland – and the Republic of India signed a comprehensive Trade and Economic Partnership Agreement (TEPA). Further details can be found in a Chapter by Chapter Fact sheet on the TEPA.
Key facts
- Population
1,417,173,170
- GDP
$ 3,416,645.83 M
- Date of Signature of the Agreement
10.03.2024
- Date of Entry Into Force
01.10.2025
- Imports to EFTA States
EUR 3,213 M
- Exports from EFTA States
EUR 2,329 M
Information about agreement
Summary
The negotiations between EFTA and India started in 2008, 21 rounds of negotiations were needed to reach an agreement on 10 March 2024.
The EFTA-India TEPA covers the following areas; Preamble, General Provisions, Trade in Goods (incl. Rules of Origin and Trade Facilitation), Trade Remedies, SPS, TBT, Trade in Services, Investment Promotion and Cooperation, Intellectual Property, Government Procurement, Competition, Trade and Sustainable Development, Dispute Settlement, Institutional Provisions, Final Provisions.
Free Trade Agreement
Annexes and Record of Understanding
Statistics
For EFTA-India trade statistics, see EFTA Trade Statistics Tool
Overview of India's Tariff Commitment Classifications
Explanatory Note by the EFTA Secretariat
