Key Points
India-EFTA deal: Union Minister Piyush Goyal, quoting PM Narendra Modi, said, "Despite structural diversities in many aspects, our economies possess complementarities that promise to be a win-win situation for all nations..
The trade agreement symbolizes our shared agreement to open fair, equitable trade, as well as generate growth and employment for the youth."ANIPiyush.
Prime Minister Narendra Modi on Sunday said the India-EFTA trade agreement symbolises our shared commitment to open, fair and equitable trade..
Our next goal is to make India's economy in the world," the PM Modi said.. India had sought an investment commitment of $50 billion during the first 10 years after the implementation of the agreement and another $50 billion over the next five years from the member countries of the bloc and to facilitate the generation of 1 million direct employment in India through such investments...
From the EFTA bloc, the four ministers who may attend the signing are Guy Parmelin, Swiss Federal Councillor and Head of the Department of Economic Affairs, Education and Research; Bjarni Benediktsson, Minister of Foreign Affairs of Iceland; Dominique Hasler, Minister of Foreign Affairs of Liechtenstein; and Jan Christian Vestre, Minister of Trade and Industry of Norway..
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