Current Affairs · International Trade Agreements
Consider the following statements about the India–EFTA Trade and Economic Partnership Agreement (TEPA), which entered into force in October 2025: I. It is the first FTA where India has agreed to legally binding sustainability provisions. II. EFTA consists of Switzerland, Norway, Denmark, and Sweden. III. The agreement includes commitments on tariff reduction, intellectual property rights, and trade & sustainable development. IV. India signed a similar FTA with the European Union in 2007. How many of the above statements are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only two✓
- 2All four
- 3Only three
- 4Only one
Correct answer
Only two
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