Textiles

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India-EFTA TEPA: Deciphering its impact on textile trade

13 Mar '24

62 min read

(L) Guy Parmelin, Swiss Federal Councillor with Indian Minister of Textiles Piyush Goyal. Pic: EFTA

(L) Guy Parmelin, Swiss Federal Councillor with Indian Minister of Textiles Piyush Goyal. Pic: EFTA

Insights

India and EFTA have signed Trade and Economic Partnership Agreement, providing India duty-free market access and securing a $100 billion investment.
While it brings potential trade benefits, particularly in the textile sector, the specific impacts remain uncertain.
The TEPA includes commitments to governance, sustainable development, and job creation.

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