๐ย Yesterday (01.10.2025) was a big day for the business relationship between India and certain European nations, withย ๐๐ต๐ฒ ๐๐๐ง๐-๐๐ป๐ฑ๐ถ๐ฎ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ ๐ฎ๐ป๐ฑ ๐๐ฐ๐ผ๐ป๐ผ๐บ๐ถ๐ฐ ๐ฃ๐ฎ๐ฟ๐๐ป๐ฒ๐ฟ๐๐ต๐ถ๐ฝ ๐๐ด๐ฟ๐ฒ๐ฒ๐บ๐ฒ๐ป๐ (๐ง๐๐ฃ๐) coming into force.
๐ฎ๐ธ๐ฑ๐ฎ๐ณ๐ด๐จ๐ญ๐ช๐ต๐ฎ๐ ๐ถ๐ ๐๐ต๐ฒ ๐๐๐ง๐?ย The European Free Trade Association (EFTA) is the intergovernmental organisation of Iceland, Liechtenstein, Norway and Switzerland. Though the EFTAโs combined market size is small compared to the EU, but it’s good start.
๐ช๐บ๐ฎ๐ณ๐ฉ๐ชย Looking at the larger picture, ๐๐ต๐ฒ ๐๐จ ๐ฎ๐ป๐ฑ ๐๐ป๐ฑ๐ถ๐ฎ relaunched their ๐๐ฟ๐ฒ๐ฒ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ ๐๐ด๐ฟ๐ฒ๐ฒ๐บ๐ฒ๐ป๐ (๐๐ง๐) negotiations in June 2022, the roadmap aims to conclude the deal by the end ofย 2025, a target reiterated by both sides.
๐คย ๐ช๐ต๐ฎ๐ ๐ถ๐ ๐๐ผ๐๐ฟ ๐ฝ๐ฒ๐ฟ๐๐ฝ๐ฒ๐ฐ๐๐ถ๐๐ฒ?ย Given current geopolitical developments and priorities, how hopeful are you that ๐๐ต๐ฒ ๐๐จ-๐๐ป๐ฑ๐ถ๐ฎ ๐๐ฟ๐ฒ๐ฒ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ ๐๐ด๐ฟ๐ฒ๐ฒ๐บ๐ฒ๐ป๐ (๐๐ง๐) will be concluded by the end of 2025?
๐ขย If you find the posts valuable, pleaseย ๐๐ถ๐ธ๐ฒ,ย ๐ฆ๐ต๐ฎ๐ฟ๐ฒ, and/orย ๐๐ผ๐บ๐บ๐ฒ๐ป๐ย to spread the word.
๐ย I would schedule my posts forย ๐ง๐ต๐๐ฟ๐๐ฑ๐ฎ๐๐ย ๐ฎ๐ย ๐ฒย ๐ฃ๐ ย (๐๐๐ง), though the timing may occasionally vary.
๐ย Please take a look at https://jagmalsingh.com/ to access the archive ofย ๐๐ฎ๐ด๐บ๐ฎ๐นโ๐ย ๐๐ผ๐๐ฟ๐ป๐ฎ๐นย (weekly on India-Germany business relationship).
๐ช๐ถ๐๐ต ๐๐ต๐ฒ ๐๐๐ง๐-๐๐ป๐ฑ๐ถ๐ฎ ๐ง๐๐ฃ๐ ๐ป๐ผ๐ ๐ถ๐ป ๐ฒ๐ณ๐ณ๐ฒ๐ฐ๐, ๐๐ต๐ฒ ๐๐ถ๐บ๐ฒ ๐ถ๐ ๐ฟ๐ถ๐ฝ๐ฒ ๐ณ๐ผ๐ฟ ๐๐ต๐ฒ ๐๐จ-๐๐ป๐ฑ๐ถ๐ฎ ๐๐ง๐ย ๐ฎ๐ณ๐ฉ๐ช
Dr. Jagmal Singh
Disclaimer: Jagmal’s Journal is a personal blog series. It is not a registered company.
Jagmalโs Journal (weekly post) is my contribution towards strengthening India-Germany business relationship. Born in India and based in Germany since 2007, I am privileged to call both economic superpowers my home and remain committed towards highlighting their growing business relationship.
Jagmalโs Journal aims to highlight India-Germany business relationship, that is already shaping the present. The topics I will address in the weekly posts would be on bilateral trade, mergers & acquisitions and evolution of relevant policy framework between India and Germany, along with development of global capability centres (GCCs) in India.
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One response to “๐ช๐ถ๐๐ต ๐๐ต๐ฒ ๐๐๐ง๐-๐๐ป๐ฑ๐ถ๐ฎ ๐ง๐๐ฃ๐ ๐ป๐ผ๐ ๐ถ๐ป ๐ฒ๐ณ๐ณ๐ฒ๐ฐ๐, ๐๐ต๐ฒ ๐๐ถ๐บ๐ฒ ๐ถ๐ ๐ฟ๐ถ๐ฝ๐ฒ ๐ณ๐ผ๐ฟ ๐๐ต๐ฒ ๐๐จ-๐๐ป๐ฑ๐ถ๐ฎ ๐๐ง๐ย ๐ฎ๐ณ๐ฉ๐ช”
Link to LinkedIn post: https://www.linkedin.com/posts/dr-jagmal-s-330911120_20251002-efta-india-fta-template-for-activity-7379523763643727873-b_Wc/
https://www.commerce.gov.in/international-trade/trade-agreements/india-efta-tepa/
https://www.efta.int/trade-relations/free-trade-network/india
More on India-Germany bilateral trade in one of earlier posts of Jagmal’s Journal: https://jagmalsingh.com/2025/07/10/Jagmals-Journal-3