Free Trade Agreement signed between India and 4 nation EFTAs

Free Trade Agreement signed between India and 4 nation EFTAs

Daily Current Affairs / Free Trade Agreement signed between India and 4 nation EFTAs

Change Language English Hindi

Category : Miscellaneous Published on: March 13 2024

Share on facebook

India and the four-European grouping of countries (EFTA) signed a Trade and Economic Partnership Agreement (TEPA) to boost mutual trade and investment. The members of the European Free Trade Association (EFTA) are Iceland, Liechtenstein, Norway and Switzerland.
EFTA is an important regional grouping focused on the increase in international trade in goods and services. Its main objective is to promote the economic integration and business cooperation of its member countries.
Through the recently signed Free Trade Agreement between India and EFTA, the Agreement is being promoted in trade and economic partnership between the two sides.
The agreement will boost the prospects of Indian production to have greater access to productivity and consumer markets, thereby increasing the proportion of regional production.
The agreement has a special focus on the protection of Intellectual Property Rights (IPR), which will structure new opportunities and encourage innovation.
The agreement can be a medium to promote investment and boost productivity in various sectors, which can increase the possibilities of business cooperation and marketing.

Recent Post's

India has launched its first national biobank for Lysosomal Storage Disorders, integrating data from 530 patients to boost affordable diagnostics and therapies.
Read More....
Odisha will add QR codes to land records for instant digital verification, ensuring tamper-proof ownership transparency.
Read More....
India and the UK signed a defence pact allowing Indian Air Force instructors to train British fast jet pilots at RAF Valley. The move signals deeper military trust and cooperation.
Read More....
Andrey Gyurov has been appointed interim prime minister by Bulgaria’s president to oversee April elections amid political instability. He is expected to ensure a fair and stable transition.
Read More....
Brazilian MMA fighter Pablo Oliveira Costa died at 31 due to an electrocution accident while working in São José. Tributes praised his dedication and fighting spirit.
Read More....
Russia has blocked WhatsApp citing legal non-compliance and is pushing citizens toward a state-backed alternative. The move reflects tighter digital control policies.
Read More....
Brazilian President Luiz Inácio Lula da Silva will visit India from Feb 18–22 to strengthen trade, defence, and technology cooperation. The trip highlights growing strategic ties.
Read More....
Saudi Arabia will host the Human Capability Initiative 2026 in Riyadh under Vision 2030, naming the UK as Country of Honor.
Read More....
Actor James Van Der Beek, known for Dawson’s Creek, has died at 48 after battling cancer. His legacy shaped late-1990s teen television culture.
Read More....
Proclaimed by UNESCO in 2011 and adopted by the UN in 2012, February 13 is celebrated as World Radio Day.
Read More....