EFTA ink free trade agreement; USD 100 bn investment target in next 15 yrs

India, EFTA ink free trade agreement; USD 100 bn investment target in next 15 yrs India and the four-nation European bloc EFTA on Sunday signed a free trade agreement under which New Delhi has received an investment commitment of USD 100 billion over the next 15 years to facilitate the creation of one million jobs. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland.The agreement was signed after a gap of almost 16 years as negotiations, started in 2008, but were put on hold in November 2013. Talks resumed in October 2016, and after 21 rounds of negotiations were held before its conclusion.For the first time in the history of FTAs (free trade agreements), a legal commitment is being made to promoting target-oriented investment and the job creation. [Read more]( If you would prefer not receiving our emails, please [Click Here](