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India, EFTA ink free trade agreement

India, EFTA ink free trade agreement

India and the four-nation European bloc EFTA on Sunday signed a free trade agreement to promote investments and boost two-way trade in goods and services. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. The agreement has 14 chapters, including trade in goods, rules of origin, intellectual property rights (IPRs), trade...

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EFTA Deal: India to link duty cuts with investments from companies of member nations

EFTA Deal: India to link duty cuts with investments from companies of member nations

India is set to tie duty reductions associated with the trade agreement with the European Free Trade Association (EFTA) to investments made by companies from member nations, including Switzerland, Norway, Iceland, and Liechtenstein, reported TOI. These nations have collectively pledged to invest $100 billion over a span of 15 years. The FTA is scheduled to...

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India mulls quota-based duty cuts on gold imports to Switzerland under EFTA

India mulls quota-based duty cuts on gold imports to Switzerland under EFTA

India is mulling giving quota-based duty concessions on gold imports from Switzerland under the proposed free trade agreement European Free Trade Association (EFTA) and has also sought an investment commitment of $50 billion in the first ten years after the implementation of the agreement and another $50 billion in the next five years, officials said.Iceland,...