India and the European Free Trade Association (EFTA) are set to sign a trade deal worth $100 billion, aiming to boost exports and investments:

India and the European Free Trade Association (EFTA) are set to sign a trade deal worth $100 billion, aiming to boost exports and investments:

Daily Current Affairs   /   India and the European Free Trade Association (EFTA) are set to sign a trade deal worth $100 billion, aiming to boost exports and investments:

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Category : Business and economics Published on: November 28 2024

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  • The Trade and Economic Partnership Agreement (TEPA) has the potential to boost 99.6 percent of Indian exports with market access to European Free Trade Association (EFTA) countries and drive $100 billion investment, the government said.
  • India signed TEPA with four developed nations - Switzerland, Iceland, Norway, and Liechtenstein - which is an important economic bloc in Europe. The agreement will give a boost to 'Make in India' and provide opportunities to the young and talented workforce, according to the government.
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