"India's $100 Billion Free Trade Deal with EFTA Marks Major Economic Milestone"
TL;DR Summary
India has signed a "watershed" free trade deal with European Free Trade Association nations, including Switzerland, Iceland, Norway, and Liechtenstein, which is expected to bring in $100 billion worth of investment over 15 years and create one billion jobs. The agreement, seen as a significant development in India's bilateral relationships, is anticipated to boost exports in IT services, business services, and audio-visual services, and also includes provisions for mutual recognition in professional services.
Topics:world#european-free-trade-association#free-trade-agreement#india#investment#narendra-modi#trade-and-economy
- India inks 'watershed' $100 billion free trade deal with four non-EU nations CNBC
- Here's how India's $100 billion trade pact with EFTA will benefit Indians; Swiss watches, chocolates to ge The Economic Times
- India says Europe trade group commits to $100-billion 15-year deal Reuters
- $100 billion FDI linked to 9.5% nominal GDP growth The Times of India
- India-European Free Trade Association deal | $100-billion investment target was breakthrough moment: Swiss official The Hindu
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 2 min read
Condensed
65%
210 → 73 words
Want the full story? Read the original article
Read on CNBC