India inks ‘watershed’ $100 billion free trade deal with four non-EU nations

[Pelican Press 0]

India inks ‘watershed’ $100 billion free trade deal with four non-EU nations

India flag, stock market, exchange economy and Trade, oil production, container ship in export and import business and logistics.

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India will lift most tariffs on four nations in Europe in a “watershed” deal that is expected to yield $100 billion worth of investment over 15 years and one billion jobs for the world’s fifth-largest economy.

The trade deal with ********* Free Trade Association nations, not part of the EU, was inked ahead of the country’s general elections due in the next few months that may give Prime Minister Narendra Modi a third-straight term in office.

The Indian government has finalized a series of major trade agreements over the past few years, and a deal with the *** is in the pipeline.

This “marks a new turn and watershed moment in the bilateral relationship between India and [********* Free Trade Association] countries of Switzerland, Iceland, Norway and Liechtenstein,” India Prime Minister Narendra Modi

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India expects this free trade agreement to stimulate its key exports in IT services, business services, audio-visual services among others,

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The agreement also contains provisions for mutual recognition in professional services such as nursing, chartered accountants and architects, according to

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Iceland,Liechtenstein,Switzerland,Norway,Trade,New Delhi,Economic events,Government and politics,Narendra Modi,International trade,Foreign policy,India,Asia Economy,business news
#India #inks #watershed #billion #free #trade #deal #nonEU #nations

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