Trade treaty kicks in, Swiss govt seeks investment pact
Trade treaty kicks in, Swiss govt seeks investment pact
EFTA Bloc nations pledged $100 billion investments in India under a new trade deal, with Switzerland seeking a bilateral investment treaty and Liechtenstein a double taxation avoidance agreement. Pharma giant Roche committed $1.8 billion, alongside other companies, as India offers duty concessions on most EFTA imports, balancing interests with firm investment commitments.
EFTA Bloc nations pledged $100 billion investments in India under a new trade deal, with Switzerland seeking a bilateral investment treaty and Liechtenstein a double taxation avoidance agreement. Pharma giant Roche committed $1.8 billion, alongside other companies, as India offers duty concessions on most EFTA imports, balancing interests with firm investment commitments.