"efta"

Commerce Minister Piyush Goyal said India will implement at least two to three free trade agreements within six months and several more in 2027. He highlighted progress on nine FTAs and credited energy diversification for ensuring stable supplies during the West Asia crisis

India recorded a 16 per cent rise in FDI inflows to USD 50.36 billion in the first half of FY26, the highest ever for the period. Minister Jitin Prasada said FTAs, including the EFTA pact securing USD 100 billion investment, are strengthening investor confidence.

The India-EFTA free trade pact, effective October 1, commits USD 100 billion investment over 15 years and promises one million jobs. It cuts duties on Swiss goods while boosting Indian services access in Europe through Switzerland, Norway, Iceland, and Liechtenstein

The India-EFTA Trade and Economic Partnership Agreement (TEPA) will take effect on October 1, Switzerland announced. The pact commits $100 billion investment over 15 years, ensures sustainable trade provisions, and offers India improved market access for Swiss goods and services

Notably, India and the UK are negotiating a Free Trade Agreement (FTA). Talks for FTA between India and the UK started in 2022.

They appreciated the hospitality extended by Morocco despite the difficult situation due to the earthquake that had hit the country recently.

Four-nation bloc EFTA is looking at significant reduction in trade barriers on sectors such as machine tools, advanced chemicals, pharma, chocolates, Norwegian and Icelandic fish