Which major trade agreement implemented by India in October 2025 includes a binding investment commitment of $100 billion over 15 years to create 1 million jobs?
The Trade and Economic Partnership Agreement (TEPA) with EFTA
The Trade and Economic Partnership Agreement (TEPA) was signed between India and the European Free Trade Association (EFTA) bloc — Switzerland, Norway, Iceland and Liechtenstein — in March 2024 and came into force on 1 October 2025.
A unique and historic feature of TEPA is its binding investment commitment: the EFTA states have pledged to channel USD 100 billion of foreign direct investment into India over 15 years, with a target of generating around 1 million direct jobs in the country.
The India-UK CETA and India-Oman CEPA do not carry such a binding investment-jobs clause, and the India-EU FTA is still under negotiation.
Hence, the correct answer is The Trade and Economic Partnership Agreement (TEPA) with EFTA.
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Arab world's first universal museum opened in November 2017 was based on an intergovernmental agreement between _________.
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An agreement for a cultural exchange program for the year 2017-2020 was signed between ______ in May 2017.
