Commerce Secretary Shri Rajesh Agarwal Visits Switzerland to Advance India–EFTA TEPA Implementation and Boost Trade & Investment Cooperation
- TEPA = Trade and Economic Partnership Agreement between India and the European Free Trade Association (EFTA) — a 4-nation bloc of Switzerland, Norway, Iceland, Liechtenstein.
- India's first FTA with a developed European bloc, and the first FTA in the world to include a binding USD 100 billion investment & 1 million jobs target.
- Signed 10 March 2024, entered into force 1 October 2025; Commerce Secretary's May 2026 Switzerland visit marks early implementation review.
- High UPSC salience: trade policy, FDI, India–Europe geopolitics, WTO-plus disciplines.