India–Liechtenstein Relations: Strengthening Trade and Investment
Eduteria Insights · 28 Oct 2026
Why in News?
Recently, President Droupadi Murmu received Hereditary Prince Alois and Hereditary Princess Sophie of Liechtenstein at Rashtrapati Bhavan .
Key Highlights
Areas of Cooperation: Trade, investment, science and technology, innovation, culture, and people-to-people ties.
Priority Sectors: Advanced manufacturing, fintech, agricultural research, sustainable infrastructure, healthcare, and material sciences.
India–EFTA TEPA: The Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA), concluded in 2024, aims to strengthen trade and investment.
Investment and Employment Commitments: The agreement envisages facilitating $100 billion in investments in India and creating 1 million direct jobs over 15 years.
Skill Development: Both countries see opportunities for vocational training and partnerships between industries and educational institutions.
Significance
Strengthens India's economic engagement with Europe.
Encourages foreign investment, technology transfer, and industrial innovation.
Creates opportunities for employment, skill development, and research collaboration.
Supports economic diversification and stronger bilateral relations amid global geopolitical and economic uncertainties.
About Liechtenstein
Capital: Vaduz
Location: Central Europe, between Switzerland and Austria.
Political System: Constitutional monarchy.
Official Language: German.
Currency: Swiss franc (CHF).
EFTA Membership: Liechtenstein is a member of the European Free Trade Association (EFTA).
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