India-EFTA Trade Deal
On 10th March, 2024, India finalized a significant trade agreement with the European Free Trade Association (EFTA), comprising Iceland, Liechtenstein, Norway, and Switzerland.
- This pact, spanning 15 years, promises a substantial investment of $100 billion into India's economy.
Boost to Trade and Investment
- India anticipates that the pact, coupled with recent deals with the UAE and Australia, will enhance exports of pharmaceuticals, garments, chemicals, and machinery.
- Investments are expected to flow into sectors such as automobiles, food processing, railways, and the financial sector.
Trade Dynamics with EFTA
- India ranks as the EFTA's fifth-largest trading partner, with total two-way trade reaching $25 ....
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World Watch
- 1 India–EFTA Trade and Economic Partnership Agreement (TEPA)
- 2 India & United Kingdom Deepen Comprehensive Partnership
- 3 China Expands Rare Earth Export Controls to Overseas-Made Items
- 4 US and Australia Sign Critical Minerals Deal
- 5 India Re-elected to ICAO Council with Stronger Mandate
- 6 India–ASEAN: Strengthening Strategic Partnership for a Sustainable Future
- 7 Net Zero Banking Alliance (NZBA) Shuts Down
- 8 India–Canada: Ties Enter Reset Phase with New Roadmap for Cooperation
- 9 Madagascar
- 10 India Elected to UN Human Rights Council
