China expands presence in West Asia’s tech, mining, and energy amid strong ties with India

India will have option to withdraw duty concessions if USD 100 bn investment commitment not met by EFTA

2 years ago
India can suspend customs duty concessions on EFTA country goods if the European nation bloc fails to meet its USD 100 billion investment obligations. The agreement includes an investment promotion and cooperation chapter with a three-stage consultation procedure and an investment sub-committee. India will ensure a favourable investment climate.
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India inks pact with EFTA, gets $100 billion commitment

2 years ago
India signed a significant trade agreement with the European Free Trade Association (EFTA) comprising Switzerland, Norway, Liechtenstein, and Iceland, committing to a $100 billion investment over 15 years. The Trade and Economic Partnership Agreement (TEPA) aims to increase foreign direct investment (FDI) in India and generate one million direct jobs. The deal, India’s first FTA […]
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Parliamentary approval process for TEPA to be initiated immediately: Swiss govt

2 years ago
A trade deal between the European Free Trade Association (EFTA) and India is expected to boost Swiss businesses’ access to the Indian market. The agreement, after 16 years of negotiations, includes provisions for significant investment in India by the EFTA countries. It will also provide Indian exporters access to European and global markets. The deal […]
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TEPA: Norway to eliminate customs duties for almost 98 pc of imports from India

2 years ago
The ambitious trade pact, signed between India and the European Free Trade Association (EFTA) comprising Norway, Switzerland, Iceland and Liechtenstein, aims to expand trade across a range of areas including pharmaceuticals, manufacturing, new technologies and machinery. After the EEA (European Economic Area) agreement, this could become one of the most important trade agreements Norway has […]
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EFTA Deal: India to link duty cuts with investments from companies of member nations

2 years ago
India plans to link duty reductions under the trade agreement with the European Free Trade Association (EFTA) to investments made by member countries like Switzerland, Norway, Iceland, and Liechtenstein. These nations have committed to investing $100 billion over 15 years. The FTA is scheduled to be signed on Sunday following its clearance by the Union […]
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