Mutual Recognition Agreements (MRAs)

India–EFTA TRADE & ECONOMIC PARTNESHIP AGREEMENT (TEPA): SIGNIFICANCE, CHALLENGES, WAY FORWARD

The India-EFTA TEPA pledges $100 billion FDI and 1 million jobs, boosting “Make in India” and “Atmanirbhar Bharat.” While it strengthens India’s trade and innovation profile, challenges like data exclusivity and trade imbalances must be managed to ensure balanced, equitable, and sustainable long-term growth.