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EFTA and India’s Landmark $100 Billion Pact

Reported March 10th: Did EFTA (Iceland, Norway, Switzerland, Liechtenstein) choose India over Europe and the US for Strategic Investment of 100 billion USD over next 15 years?

(Iceland, Norway, Switzerland, Liechtenstein) states have committed to invest $100 billion in India over a period of 15 years.

Below excerpt article reported by Laskar. R. H. (2024, Mar 10). India, EFTA states sign trade deal to create resilient supply chains. Hindustand Times

“India and the European Free Trade Association (EFTA) bloc comprising Iceland, Liechtenstein, Norway and Switzerland on Sunday signed a free trade agreement (FTA) that is expected to create better integrated and more resilient supply chains and new opportunities for businesses and individuals on both sides.”

“People familiar with the matter said the EFTA states have committed to invest $100 billion in India over a period of 15 years. The trade deal also covers gender and environment aspects, they said on condition of anonymity.”

To read full article, click here
Photo by Naveed Ahmed on Unsplash

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