New Delhi, Oct. 5 -- Marking the first anniversary of the India-EFTA Trade and Economic Partnership Agreement (TEPA) entering into force, Swiss Confederation President Guy Parmelin gave a resounding vote of confidence to the economic pact, stating that corporate interest has seen a "very strong" surge and that the agreement will deliver a long-term boost to bilateral trade.

Delivering a joint press statement following delegation-level talks with Prime Minister Narendra Modi, President Parmelin assessed the ground-level implementation of the landmark agreement "very positively," highlighting that TEPA lays the foundation for a structural economic relationship beyond conventional import-export trade.

"I assess the implementation of the ag...