ReferIndia News India, EFTA trade pact to come into force from Oct 1; USD 100 bn investment in next 15 yrs

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India, EFTA trade pact to come into force from Oct 1; USD 100 bn investment in next 15 yrs

Published on: Sept. 30, 2025, 3:46 p.m. | Source: Daily Excelsior

NEW DELHI, Sept 30:  The free trade agreement between India and the four-nation European bloc EFTA will come into force from Wednesday under which New Delhi has received an investment commitment of USD 100 billion in 15 years from the grouping while allowing several products such as Swiss watches, chocolates and cut and polished diamonds at lower or zero duties.   The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. It was signed on March 10, […]

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