The India-EFTA Trade and Economic Partnership Agreement (TEPA) will come into effect from October 1, Union Commerce and Industry Minister Piyush Goyal announced on Saturday.
Goyal said the government holds discussions keeping national interests in mind and attacked the Congress, saying this is "not weak India under UPA which would make agreements which were not in the national interest".
Union Commerce and Industry Minister Piyush Goyal met with Swedish Minister for International Development Cooperation and Foreign Trade Benjamin Dousa and State Secretary for Foreign Trade Hakan Jevrell to discuss enhancing bilateral cooperation across key sectors.
Helene Budliger Artieda, State Secretary for Economic Affairs, Switzerland, on Tuesday said India is a preferred place for Swiss industry, as she highlighted India's huge consumer base, firm economic growth, and being a democracy.
Commerce Minister Piyush Goyal indicated on Wednesday that the Swiss part of the EFTA will possibly be implemented from October 2025, with the other three countries -- Iceland, Liechtenstein, and Norway-- already having ratified the trade deal.
Schneider welcomed the growing momentum around the India-EFTA Trade and Economic Partnership Agreement (TEPA), noting that many previously hesitant Swiss companies are now engaging more actively with India through trade shows and investment forums.
Union Minister of Commerce and Industry Piyush Goyal addressed Swiss industry leaders and innovators on Tuesday at the prestigious Swissmem Industry Day in Switzerland.
Union Commerce and Industry Minister Piyush Goyal on Tuesday highlighted India's remarkable economic performance, stating that the country has surged from a USD 270 billion economy to USD 4 trillion in just three decades.
Union Minister of Commerce and Industry Piyush Goyal held a meeting with Indian business delegates in Switzerland to discuss new opportunities, partnerships, and avenues for trade and investment between India and Switzerland.
EFTA is an inter-governmental organization set up in 1960 for the promotion of free trade and economic integration for the benefit of its four Member States - Switzerland, Iceland, Norway and Liechtenstein.
Commerce Minister Piyush Goyal began his two-day Switzerland visit with an interaction with CEOs of select Swiss companies and prospective investors over lunch.