{"id":33469,"date":"2025-10-01T12:05:14","date_gmt":"2025-10-01T06:35:14","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=33469"},"modified":"2025-10-01T12:05:14","modified_gmt":"2025-10-01T06:35:14","slug":"india-efta-tepa-secures-duty-free-access-for-gems-jewellery-to-switzerland-norway-iceland","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/india-efta-tepa-secures-duty-free-access-for-gems-jewellery-to-switzerland-norway-iceland\/","title":{"rendered":"India-EFTA TEPA Secures Duty-Free Access for Gems &#038; Jewellery to Switzerland, Norway &#038; Iceland"},"content":{"rendered":"<p>As the India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA) comes into force on 1<sup>st<\/sup> October, India\u2019s gems &amp; jewellery exporters stand to gain from sustained duty-free access to key European markets \u2014 an advantage that has been preserved and reinforced under the new pact.<\/p>\n<p>Signed on 10 March 2024, TEPA is India\u2019s first FTA with developed European economies \u2014 Switzerland, Norway, Iceland and Liechtenstein. It reflects a commitment not just to freer trade in goods and services, but also to investment, sustainable development, and job creation.<\/p>\n<p>For the gems and jewellery sector, TEPA secures duty-free access for several important product lines across EFTA nations.<\/p>\n<ul>\n<li><strong>Switzerland<\/strong>: Cut &amp; polished natural diamonds, gold jewellery, and polished rubies, sapphires &amp; emeralds<\/li>\n<li><strong>Norway<\/strong>: Cut &amp; polished natural diamonds, gold jewellery, silver jewellery, and imitation jewellery<\/li>\n<li><strong>Iceland<\/strong>: Gold jewellery, silver jewellery, and imitation jewellery<\/li>\n<\/ul>\n<p>The agreement goes beyond tariff elimination by creating a stable and predictable trade framework for exporters. It also brings a strong investment component, with EFTA countries committing USD 50 billion in FDI over the first decade, followed by another USD 50 billion in the subsequent five years.<\/p>\n<p>This inflow is expected to generate one million direct jobs, with opportunities for design innovation, precision manufacturing and technology upgrades that could particularly benefit India\u2019s jewellery MSMEs. Additionally, easier access to advanced equipment, inputs and capital from Europe is set to strengthen India\u2019s value chains and improve the competitiveness of its jewellery exports.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA) comes into force on 1st October, India\u2019s gems &amp; jewellery exporters stand to gain from sustained duty-free access to key European markets \u2014 an advantage that has been preserved and reinforced under the new pact. Signed on 10 March 2024, TEPA is&hellip;<\/p>\n","protected":false},"author":1,"featured_media":33470,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-33469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India-EFTA TEPA Secures Duty-Free Access for Gems &amp; Jewellery to Switzerland, Norway &amp; Iceland - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gjepc.org\/solitaire\/india-efta-tepa-secures-duty-free-access-for-gems-jewellery-to-switzerland-norway-iceland\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India-EFTA TEPA Secures Duty-Free Access for Gems &amp; Jewellery to Switzerland, Norway &amp; Iceland - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"og:description\" content=\"As the India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA) comes into force on 1st October, India\u2019s gems &amp; jewellery exporters stand to gain from sustained duty-free access to key European markets \u2014 an advantage that has been preserved and reinforced under the new pact. Signed on 10 March 2024, TEPA is&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gjepc.org\/solitaire\/india-efta-tepa-secures-duty-free-access-for-gems-jewellery-to-switzerland-norway-iceland\/\" \/>\n<meta property=\"og:site_name\" content=\"Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-01T06:35:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2025\/10\/TEPA.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/#website\",\"url\":\"https:\/\/gjepc.org\/solitaire\/\",\"name\":\"Solitaire magazine is a International jewellery magazine - India\\u2019s leading B2B gem and jewellery magazine\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/gjepc.org\/solitaire\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/india-efta-tepa-secures-duty-free-access-for-gems-jewellery-to-switzerland-norway-iceland\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2025\/10\/TEPA.jpg\",\"width\":1000,\"height\":600},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/india-efta-tepa-secures-duty-free-access-for-gems-jewellery-to-switzerland-norway-iceland\/#webpage\",\"url\":\"https:\/\/gjepc.org\/solitaire\/india-efta-tepa-secures-duty-free-access-for-gems-jewellery-to-switzerland-norway-iceland\/\",\"name\":\"India-EFTA TEPA Secures Duty-Free Access for Gems & Jewellery to Switzerland, Norway & Iceland - Solitaire magazine is a International jewellery magazine - India\\u2019s leading B2B gem and jewellery magazine\",\"isPartOf\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/india-efta-tepa-secures-duty-free-access-for-gems-jewellery-to-switzerland-norway-iceland\/#primaryimage\"},\"datePublished\":\"2025-10-01T06:35:14+00:00\",\"dateModified\":\"2025-10-01T06:35:14+00:00\",\"author\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/b614a6d604f6c36c387b4c876bb33d79\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gjepc.org\/solitaire\/india-efta-tepa-secures-duty-free-access-for-gems-jewellery-to-switzerland-norway-iceland\/\"]}]},{\"@type\":[\"Person\"],\"@id\":\"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/b614a6d604f6c36c387b4c876bb33d79\",\"name\":\"GJEPC\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f6c5b479a8ec14da0f88385e2b6cd51ccb37ac80c31409ecaebe5524700952a2?s=96&d=mm&r=g\",\"caption\":\"GJEPC\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/33469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/comments?post=33469"}],"version-history":[{"count":1,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/33469\/revisions"}],"predecessor-version":[{"id":33471,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/33469\/revisions\/33471"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media\/33470"}],"wp:attachment":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media?parent=33469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/categories?post=33469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/tags?post=33469"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/thb-sponsors?post=33469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}