On Monday, November 3, 2025, around 100 representatives from business, politics and administration gathered at the University of Liechtenstein to learn about the new opportunities opened up by the Trade and Economic Partnership Agreement (TEPA) between the EFTA states and India. TEPA entered into force on October 1, 2025. It creates greater legal certainty, reduces customs duties and improves market access in one of the world's most important growth markets.

The event, organized by the government in cooperation with Switzerland Global Enterprise (S-GE), was entitled "TEPA between India and EFTA: From Agreement to Action" and highlighted how Liechtenstein companies can benefit from improved market access.

The event was opened by Deputy Prime Minister and Foreign Minister Sabine Monauni, who described the agreement as an "important step towards strengthening the international competitiveness of Liechtenstein as a business location". In his speech, Mridul Kumar, Ambassador of India to the Principality of Liechtenstein, emphasized the opportunities for closer economic cooperation and mutual investment.

Afterwards, Deepti Sharma, Senior Consultant India + South Asia at S-GE, explained the key contents and effects of the agreement. In a virtual live link-up, Florin Müller, Head of the Swiss Business Hub India, and Katja Gey, Head of the Office of Economic Affairs, shared their assessments of the economic dynamics and practical implementation options of TEPA.

The focus of the evening was the panel discussion with leading representatives of internationally active companies. Avi Kahn (Hilti), Oliver Wyrsch (Inficon), Michael Bickel (Ivoclar Vivadent) and Pankaj Argawal (Panitek) shared their practical experience and provided insights into the opportunities and challenges of the Indian market.