Coinciding with the termination of investment treaties, the Indian government developed a model agreement after studying global good practices | Latest News India
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Some experts have argued that since the FDI will come from the private sectors of the four-nation bloc and not their governments, there could be, in effect, no binding commitment.
India can suspend customs duty concessions on EFTA country goods if the European nation bloc fails to meet its USD 100 billion investment obligations. The agreement includes an investment promotion and cooperation chapter with a three-stage consultation procedure and an investment sub-committee. India will ensure a favourable investment climate.