Mumbai, July 19 -- 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.

"All countries have now ratified. Lodged their document with the repository, which was Norway, and from first October, EFTA will come into effect," Union Commerce and Industry Minister said while addressing the session 'Creating Global Impact Towards Viksit Bharat', organised by ASSOCHAM in Mumbai.

On 10 March 2024, Member States of the European Free Trade Association - Iceland, Liechtenstein, Norway, and Switzerland, and India signed a comprehensive Trade and Economic Partnership Agreement (TEPA).

EFTA-India FTA sets out the framework for the tr...