Brief by Shorts91 Newsdesk / 07:24am on 10 Mar 2024,Sunday India Global
India and the European Free Trade Association (EFTA) comprising Switzerland, Norway, Iceland, and Liechtenstein signed a historic Trade and Economic Partnership Agreement, concluding 16 years of negotiations. Union Minister for Trade Piyush Goyal announced the $100 billion investment over 15 years by EFTA in India, emphasizing the significance of the 1.4 billion people market. The deal grants New Delhi duty-free market access for animal products, fish, processed food, and vegetable oils. Prime Minister Narendra Modi extended congratulations on the Free Trade Agreement, celebrating the culmination of 15 years of collaboration and the International Day of Awesomeness.
