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EFTA: India inks pact with EFTA, gets $100 billion commitment

India signed a significant trade agreement with the European Free Trade Association (EFTA) comprising Switzerland, Norway, Liechtenstein, and Iceland, committing to a $100 billion investment over 15 years. The Trade and Economic Partnership Agreement (TEPA) aims to increase foreign direct investment (FDI) in India and generate one million direct jobs. The deal, Indias first FTA with developed nations, focuses on innovation and collaboration, with investments expected to flow steadily, potentiall...
Piyush Goyal Chandrajit Banerjee European Free Trade Association Economic Partnership Agreement Confederation Of Indian Industry Indian Industry

Trade agreement with EFTA: Why it marks a shift, could be a template for bigger deals

With the EFTA being the first set of European countries to sign a deal with the investment commitment, the pact could serve as a template when dealing with developed nations who will have greater market access in a high tariff country like India and have investments to offer.
Saudi Arabia United Arab Emirates United Kingdom Regional Comprehensive Economic Partnership European Union Gulf Cooperation Council

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India Nears Trade Deal with Oman, Strengthening Mideast Ties | India Business News

India Business News: India and Oman are close to concluding talks on a trade deal that will allow easier access of goods and services into each otherโ€™s markets, officials familiar with the matter said. The deal is expected to further cement India's presence in the Gulf region.
United Kingdom United Arab Emirates New Delhi Narendra Modi European Union European Free Trade Association

India-EU have political will to conclude FTA: Secretary General

India and the European Union are making progress in the Free Trade Agreement (FTA) negotiations, with a focus on investment protection and geographical indications. The complex FTA is unlikely to be concluded before the general elections in India and the European Parliament polls. The defence sector cooperation, including cyber security, is also being discussed.
Bruxelles Capitale New Delhi Stefano Sannino Observer Research Foundation European Parliament European Union

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