Trade agreement to provide zero tariffs on almost all of its exports to India, says Norway

Trade Agreement To Provide Zero Tariffs On Almost All Of.jpg

Norway on Sunday announced that the Trade and Economic Participation Agreement (TEPA) between the European Free Trade Association (EFTA) will provide zero tariffs on almost all of its exports to India. The country also announced there will be no capping on number of professionals, planning to come there for work. Also read: India’s gains from … Read more

India-EFTA pact: India to phase out import duties on chocolates, watches, textiles, smartphones

India Efta Pact India To Phase Out Import Duties On Chocolates.jpg

Duties on substantial number of goods imported from EFTA countries–Switzerland, Norway, Iceland and Liechtenstein–including  chocolates, watches, smartphones, olive oil, corn flakes, machinery, textiles, medicines, cod liver oil, tuna, trout and salmon, will be phased out by India under the India-EFTA Trade and Economic Partnership Agreement signed on Sunday. Also read: Trade agreement to provide zero tariffs … Read more

India, EFTA to sign free trade agreement tomorrow

India Efta To Sign Free Trade Agreement Tomorrow.jpg

India and the four-nation European bloc EFTA will sign a free trade agreement on Sunday with an aim to boost two-way trade in goods, services and investments, an official said. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. The pact received approval from the Union Cabinet on March 7, the … Read more

India, EFTA bloc likely to sign free trade pact on March 10

India Efta Bloc Likely To Sign Free Trade Pact On.jpg

India and the European Free Trade Association (EFTA) countries, which include Switzerland, Finland, Norway and Leichtenstein, are likely to sign a long-negotiated bilateral free trade agreement on March 10, aimed at increasing trade and investment flows, job creation and economic growth, according to multiple sources. Also read: India seeks greater market access, flexibilities in rules … Read more

Trade pact with EFTA may be the first for India with committed investments, jobs, says official

Trade Pact With Efta May Be The First For India.jpg

The proposed free trade agreement between India and the European Free Trade Association (EFTA) countries, with a commitment of $100-billion investments from the four-country bloc into India over the next 15 years generating an estimated 1 million jobs, may be formalised soon as the pact “is ready” and going through legal scrutiny, sources have said. … Read more

India rejects European FTA bloc’s ‘data exclusivity’ demand to protect generic drug firms’ interest

India Rejects European Fta Blocs Data Exclusivity Demand To Protect.jpg

Image used for representative purpose only. | Photo Credit: P.V. Sivakumar India on Thursday said it has rejected the demand of the four European nations EFTA bloc for inclusion of a ‘data exclusivity’ provision in proposed free trade agreements, stating that it always protects the interests of the domestic generic drugs industry. Commerce Secretary Sunil … Read more