<h1>India-EFTA Free Trade Agreement to Launch by 2025, Promising $100 Billion Investment and Job Creation.</h1> The free trade agreement between India and the European Free Trade Association (EFTA), comprising Iceland, Liechtenstein, Norway, and Switzerland, is expected to be implemented by the end of 2025. Signed in March 2024, the Trade and Economic Partnership Agreement (TEPA) includes a commitment from EFTA for a $100 billion investment in India over 15 years, creating one million jobs. In exchange, India will reduce duties on products like Swiss watches and chocolates. The agreement's implementation is delayed by the ratification process in EFTA countries. India is also negotiating FTAs with the UK and the EU, emphasizing fair and balanced terms.