• Latest
INDIA, EFTA DEAL COMES INTO EFFECT

INDIA, EFTA DEAL COMES INTO EFFECT

October 6, 2025
NHS-Online

NHS Online launch by 2027

October 6, 2025
lottery

India expat wins Dh100,000 in lottery

October 6, 2025
Abu Dhabi Investment Authority begins operations in GIFT City

Abhu Dhabi fund to buy 41 per cent in Samman Capital

October 6, 2025
UAE, New Zealand hold talks to enhance parliamentary ties

UAE, New Zealand hold talks to enhance parliamentary ties

October 6, 2025
Improving childhood education

Improving childhood education

October 6, 2025
Tourism a blessing for gorillas

Tourism a blessing for gorillas

October 6, 2025
Gandhi Jayanti in Addis Ababa

Gandhi Jayanti in Addis Ababa

October 6, 2025
Ayurveda meet in Ghana

Ayurveda meet in Ghana

October 6, 2025
ago

DEAL IN DOUBT

October 6, 2025
Riots rock Morocco

Riots rock Morocco

October 6, 2025
Shubman Gill

Gill new ODI captain as Rohit, Kohli return for Australia tour

October 5, 2025
Former PM Babis ANO party wins Czech election

Former PM Babis ANO party wins Czech election

October 5, 2025
Blitzindiamedia
Contact
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Education
    • Health
    • Sports
    • Entertainment
  • Opinion
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • US (New York)
    • UK (London)
    • Middle East (Dubai)
    • Tanzania (Africa)
  • Blitz India Business
No Result
View All Result
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Education
    • Health
    • Sports
    • Entertainment
  • Opinion
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • US (New York)
    • UK (London)
    • Middle East (Dubai)
    • Tanzania (Africa)
  • Blitz India Business
No Result
View All Result
World's first weekly chronicle of development news
No Result
View All Result

INDIA, EFTA DEAL COMES INTO EFFECT

Commitment to create $100 billion in investment, 1 million jobs

by Blitz India Media
October 6, 2025
in United Kingdom
INDIA, EFTA DEAL COMES INTO EFFECT
Blitz Bureau

NEW DELHI: THE Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA) came into effect on October 1, reported IANS.

This agreement will bring $100 billion in investment to India over the next few years and create approximately 1 million direct jobs. This will further strengthen the trade partnership between India and Europe. EFTA includes four countries – Switzerland, Norway, Iceland, and Liechtenstein.

YOU MAY ALSO LIKE

NHS Online launch by 2027

Atmanirbhar Bharat needs Swadeshi 2.0

Swiss wines and chocolates are set to become cheaper in India. Under the agreement, India will cut tariffs on 80–85 per cent of goods coming from these countries to zero, while Indian exporters will get duty-free access to 99 per cent of goods in EFTA markets.

After the implementation of this agreement, trade between India and these countries will become easier. Commerce Minister Piyush Goyal said that this is India’s first trade agreement that includes investment commitments. Its aim is to ensure balance of interests and fairness between the partner countries.

Speaking at an event to mark the agreement’s entry into force, Goyal said that while the combined population of the EFTA countries is less than that of Mumbai alone, the partnership is driven by their potential and large-heartedness. He also described the agreement’s entry into force on the auspicious occasion of Vijayadashami and Navami as significant. According to him, this beginning symbolises prosperity, clarity, and the victory of good over evil.

Goyal stated that TEPA is not simply an agreement to reduce tariffs or commit to investment, but rather a stable and reliable framework that boosts investor confidence and conveys stability amid global uncertainties. He explained that the agreement will open up vast opportunities in education, agriculture, industry, technology, and many other sectors.

Highlighting India’s strengths, he said that data costs here are only 3 per cent of those in the US and significantly lower than the global average. He recalled the long-standing association of Swiss companies like ABB and Nestlé with India, saying that India is not only a large market but also a hub for global expansion. Goyal cited the high price-to-earnings ratio of stocks like Nestlé India and ABB India as examples that reflect confidence in India’s economy and its immense future potential.

At the event, he invited industries from EFTA countries to invest in India, saying that India’s environment is transparent, open, and investor-friendly. 100 percent foreign direct investment is permitted in almost all sectors. He emphasized that this agreement symbolizes the commitment of both India and EFTA to sustainable development and that the partnership between the two sides will deepen in the future.

Previous Post

India expat wins Dh100,000 in lottery

Next Post

NHS Online launch by 2027

Related Posts

NHS-Online
United Kingdom

NHS Online launch by 2027

October 6, 2025
Atmanirbhar Bharat needs Swadeshi 2.0
Dubai

Atmanirbhar Bharat needs Swadeshi 2.0

October 3, 2025
Starmer
United Kingdom

No Digital ID, no work

September 28, 2025
Keir Starmer
United Kingdom

No leadership threat, says Starmer

September 28, 2025
Textile-exports-to-double-by-2030
United Kingdom

Textile exports to double by 2030

September 28, 2025
jail
United Kingdom

12 months in prison for asylum-seeker

September 28, 2025

Recent News

NHS-Online

NHS Online launch by 2027

October 6, 2025
INDIA, EFTA DEAL COMES INTO EFFECT

INDIA, EFTA DEAL COMES INTO EFFECT

October 6, 2025
lottery

India expat wins Dh100,000 in lottery

October 6, 2025
Abu Dhabi Investment Authority begins operations in GIFT City

Abhu Dhabi fund to buy 41 per cent in Samman Capital

October 6, 2025
UAE, New Zealand hold talks to enhance parliamentary ties

UAE, New Zealand hold talks to enhance parliamentary ties

October 6, 2025
Improving childhood education

Improving childhood education

October 6, 2025
Tourism a blessing for gorillas

Tourism a blessing for gorillas

October 6, 2025
Gandhi Jayanti in Addis Ababa

Gandhi Jayanti in Addis Ababa

October 6, 2025
Ayurveda meet in Ghana

Ayurveda meet in Ghana

October 6, 2025
ago

DEAL IN DOUBT

October 6, 2025
Riots rock Morocco

Riots rock Morocco

October 6, 2025
Shubman Gill

Gill new ODI captain as Rohit, Kohli return for Australia tour

October 5, 2025

Blitz Highlights

  • Special
  • Spotlight
  • Insight
  • Entertainment
  • Health
  • Sports

International Editions

  • US (New York)
  • UK (London)
  • Middle East (Dubai)
  • Tanzania (Africa)

Nation

  • East
  • West
  • South
  • North
  • Hindi Edition

E-paper

  • India
  • Hindi E-paper
  • Dubai E-Paper
  • USA E-Paper
  • UK-Epaper
  • Tanzania E-paper

Useful Links

  • About us
  • Contact
  • Team
  • Privacy Policy
  • Sitemap

©2024 Blitz India Media -Building A New Nation

    No Result
    View All Result
    • Blitz Highlights
      • Special
      • Spotlight
      • Insight
      • Education
      • Sports
      • Health
      • Entertainment
    • Opinion
    • Legal
    • Perspective
    • Nation
      • East
      • West
      • North
      • South
    • Business & Economy
    • World
    • Hindi Edition
    • International Editions
      • US (New York)
      • UK (London)
      • Middle East (Dubai)
      • Tanzania (Africa)
    • Download
    • Blitz India Business

    © 2025 Blitz India Media -BlitzIndia Building A New Nation