New Delhi, Sept. 30 -- The India-European Free Trade Association (EFTA) and the Trade and Economic Partnership Agreement (TEPA) will come into effect from tomorrow, an official statement said today.
TEPA offers binding commitment of 100 bn US Dollar investment and one million direct jobs in the next 15 years and will stimulate services exports in sectors like IT, business services, education, audio-visual etc. It also provides Mutual Recognition Agreements in Professional Services like nursing, chartered accountants, architects etc.
The agreement was signed on March 10, 2024. TEPA is a modern and ambitious agreement that incorporates, for the first time in any Free Trade Agreement (FTA) signed by India, a commitment linked to investment a...