The minister is on an official visit to Switzerland to take forward commitments as part of India's recently signed free trade agreement with the four-nation European bloc or EFTA (European Free Trade Association).
The minister is on an official visit to Switzerland to take forward commitments as part of India's recently signed free trade agreement with the four-nation European bloc or EFTA. During the visit, the minister held significant discussions with industry leaders and stakeholder to advance
Additionally, India has provided concessions in 105 sub-sectors, such as IT, healthcare, and accounting, expected to boost its services exports to EFTA countries.
"We have an extremely productive and constructive dialogue at the political level. The date the 10 March 2024 is historic in our relationship. On that day we signed the EFTA India Trade and Partnership agreement here in Delhi. The agreement will be an important instrument to advance trade an
Prime Minister Narendra Modi held telephonic conversation with British counterpart Rishi Sunak and discussed the early conclusion of Free Trade Agreement between India and the United Kingdom.
The Foreign Minister of Iceland, Bjarni Benediktsson, emphasized on Monday that the two countries, India and Iceland, are collaborating closely on tapping geothermal energy in Ladakh and Himachal Pradesh.
PM Modi said that the "innovative and well-balanced" trade deal reflects the respective developmental aspirations of both parties and symbolizes their shared commitment to open, fair, equitable trade.
Norway Trade Minister Jan Christian Vestre hailed the India-EFTA free trade agreement signed on Sunday and said that issues like tariff cuts, included and excluded commodities; human rights clause and an investment chapter were among the major subjects of discussion.
Lauding the USD 100-billion free trade pact between India and the four-nation bloc European Free Trade Association (EFTA), Swiss State Secretary for Economic Affairs, Helene Budliger Artieda, affirmed that India will be world's premier manufacturing and service hub.
Union Minister Piyush Goyal on Sunday said that "never before in the history of FTAs has such an FTA ever happened," after India signed a USD 100-billion free trade pact with the four-nation bloc European Free Trade Association (EFTA).
After the trade agreement was signed between India and the European Free Trade Association (EFTA), Swiss Federal Councillor Guy Parmelin emphasized that India will attract more foreign investment from the EFTA, which will lead to an increase in good jobs.
Norway's Minister of Trade and Industry, Jan Christian Vestre emphasised that today is a day for the history books as India signed the Trade and Economic Participation Agreement (TEPA) with the European Free Trade Association (EFTA) on Sunday.