NEW DELHI, Mac 11 (NNN-PTI) – India, yesterday, signed a trade agreement with the European Free Trade Association (EFTA) countries, comprising Switzerland, Iceland, Norway and Liechtenstein.
The pact involves EFTA countries committing to invest 100 billion U.S. dollars in India, in the next 15 years, and facilitate the generation of one million direct jobs in India, through such investments, according to a statement issued by the federal Ministry of Commerce and Industry.
Prime Minister, Narendra Modi, said, the agreement “symbolises our shared commitment to open, fair, equitable trade, as well as, generating growth and employment for the youth.”
Among EFTA countries, Switzerland is the largest trading partner of India, followed by Norway, the statement said.– NNN-PTI
