India-EFTA Trade Deal
On 10th March, 2024, India finalized a significant trade agreement with the European Free Trade Association (EFTA), comprising Iceland, Liechtenstein, Norway, and Switzerland.
- This pact, spanning 15 years, promises a substantial investment of $100 billion into India's economy.
Boost to Trade and Investment
- India anticipates that the pact, coupled with recent deals with the UAE and Australia, will enhance exports of pharmaceuticals, garments, chemicals, and machinery.
- Investments are expected to flow into sectors such as automobiles, food processing, railways, and the financial sector.
Trade Dynamics with EFTA
- India ranks as the EFTA's fifth-largest trading partner, with total two-way trade reaching $25 ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Interpol Launches ‘Silver Notice’ to Combat Transnational Crime
- 2 India Joins UN Committee of Experts on Big Data and Data Science for Official Statistics
- 3 US Withdraws from WHO
- 4 US Imposes New AI Chip Export Limits
- 5 Indus Waters Treaty: Neutral Expert's Affirmation
- 6 India & Maldives Review Defence Cooperation
- 7 India & Saudi Arabia Strengthen Bilateral Cooperation for Haj 2025
- 8 India & Japan Review Bilateral Cooperation
- 9 Quad Nations Reaffirm Commitment to a Free and Open Indo-Pacific
- 10 India and Indonesia Strengthen Maritime and Defence Ties

- 1 India-Malaysia Bilateral Talks
- 2 India Launches Operation Indravati
- 3 India Bolsters Strategic Presence in Indian Ocean
- 4 ICJ Orders Israel to Ensure Gaza's Food Supply
- 5 Finland Boosts Defence Innovation through NATO's DIANA
- 6 US Army Initiates Gaza Aid Pier Project
- 7 Sweden Joins NATO: A Shift in Security Policy