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In Summary

  • India's Commerce Minister visited Liechtenstein to boost the India–EFTA Trade and Economic Partnership Agreement (TEPA).
  • TEPA is India's first free trade pact with the developed EFTA bloc: Iceland, Liechtenstein, Norway, and Switzerland.
  • Liechtenstein, Europe's only doubly-landlocked nation, borders Austria and Switzerland and is part of the Alps mountain range.

In Summary

Liechtenstein (Capital: Vaduz)

Union Minister of Commerce and Industry of India visited Liechtenstein to accelerate implementation of India–EFTA Trade and Economic Partnership Agreement (TEPA).

  • TEPA is India’s first free trade agreement with a developed group of EFTA countries (Iceland, Liechtenstein, Norway, and Switzerland).

Political Features:

  • It is the only doubly-landlocked country in Europe.
  • It is not a member of European Union. 
  • Bordering Countries: Austria (North and East) and Switzerland (West and South).

Geographical Features:

  • Mountain Range: Alps with Grauspitz as highest point.
  • Major Rivers: Rhine, Samina.
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Alps

The Alps are the highest and most extensive mountain range system that lies entirely in Europe, stretching approximately 1,200 kilometers (750 miles) across eight Alpine countries. They play a significant role in the geography and climate of the region.

Doubly-landlocked country

A doubly-landlocked country is a landlocked country that is surrounded by at least two other landlocked countries. This means that to reach the sea from such a country, one must cross at least two other countries.

TEPA

Trade and Economic Partnership Agreement (TEPA) is a type of free trade agreement that aims to reduce or eliminate tariffs and non-tariff barriers between participating countries, fostering greater economic cooperation and trade.

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