Switzerland greenlights India–EFTA mega trade pact

Published

Bern has completed ratification of the India‑EFTA Trade & Economic Partnership Agreement, clearing the last hurdle for the four‑nation bloc (Iceland, Liechtenstein, Norway, Switzerland). The accord—seventeen years in the making—is now expected to enter into force in October 2025. EFTA members have pledged to channel $100 billion in investment to India over 15 years and to help create one million jobs. Swiss ambassador Maya Tissafi called the move “a significant milestone,” noting Swiss investment stock in India has already risen from CHF 551 million in 2000 to CHF 10 billion in 2024. Tariff cuts will be phased in over a decade, alongside streamlined customs rules, stronger IP protections and sustainability provisions. 

Get in touch with us

Fill the following details and send your query to us and we will provide the support you need.

Support Center 24/7

+022 4322 4000 (25 lines) Time : 10 AM - 6 PM

Our Location

1st Floor, Old Oriental Building, 65 M.G. Road, Mumbai: 400023