Application & Meaning:
- The Trade and Economic Partnership Agreement (TEPA) of India with European Free Trade Association (EFTA) comes into effect on 1 st October 2025.
- This is the first FTA between India and a European union, which is a combination of Switzerland, Norway, Iceland, and Liechtenstein.
- The agreement is expected to boost trade, investment and technology cooperation between India and these high-income European countries.
Month: Current Affairs - October 03, 2025
Category: current affairs daily