The delay is likely to be on account of the referendum that Switzerland may conduct, with its people voting on whether to clear the India-EFTA deal. The deal, which was first proposed in 2008, was finally signed on March 10, after 21 rounds of negotiations
India-EFTA Trade Pact: India and the four-European nation bloc EFTA signed a trade and economic partnership agreement (TEPA) on Sunday to boost trade and investments between the two regions. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland.
As part of an agreement, Switzerland has agreed to lower or eliminate tariffs on 99% of products being traded with India and India has given tariff reductions on 95% of product lines. Tariff reductions will happen gradually over 10 years.
Swiss luxury watchmaker Breitling has announced the purchase of Universal Genève, detailing plans to revive the company from ‘hibernation’.
In conjunction with The United Nations World Tourism Organisation’s annual celebration of tourism and its global cultural and economic significance, we look at Asia’s most appealing destinations for slow travel in 2023.
Tatler spent a day at IWC’s cutting-edge manufacture, uncovering the intricacies behind the heritage, craftsmanship and advanced technology of the horological powerhouse.