India and EFTA Review Economic Ties Following Trade Partnership Agreement
- Reports
- 11
- Developments
- 1
- Repetition
- 91%
New informationRepeats or wire copies
What happened
External Affairs Minister S Jaishankar held separate meetings during the 81st United Nations General Assembly. In one meeting, he reviewed the progress of the economic relationship with Switzerland following the entry into force of the India-EFTA Trade and Economic Partnership Agreement. He also met Nauru President David Adeang to appreciate bilateral cooperation.
From bignewsnetwork.com
Why it matters
India signed the Trade and Economic Partnership Agreement with the European Free Trade Association, which includes Switzerland, Norway, Iceland, and Liechtenstein. This agreement is part of efforts to expand trade and investment ties with the grouping.
From bignewsnetwork.com
Who's involved
- European Free Trade AssociationThe European Free Trade Association, which signed the Trade and Economic Partnership Agreement with India.
- SwitzerlandSwitzerland, a member of the European Free Trade Association, reviewed its economic ties with India.
- David AdeangDavid Adeang, whose bilateral and multilateral cooperation with India was appreciated.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- SwitzerlandSpeculative
Switzerland might see increased investment or trade opportunities with India following the agreement.
- European Free Trade AssociationSpeculative
The European Free Trade Association might experience changes in trade volume due to the new partnership agreement.
Keep exploring
The entities involved
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European Free Trade Association
international trade organization and free trade area
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Hungary
country in Central Europe
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Czech Republic
country in Central Europe
Related events
- India's pact with the European Free Trade Association (EFTA) is in force, alongside historical trade records between India and Arabia.
- Mercosur is advancing multiple trade negotiations with Canada, India, Japan, and focusing on ties with EFTA and the EU.
- V4 countries, including Czech Republic, Slovakia, and Poland, have backed India's bid for a permanent seat on the UN Security Council.