Fortune India: Business News, Strategy, Finance and Corporate Insight
The EFTA states have become the first European partner to conclude an FTA with India.
Source: fortuneindia.com
Stay updated with breaking news from India Efta. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The EFTA states have become the first European partner to conclude an FTA with India.
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.