India and the European Free Trade Association (EFTA) nations on February 10 launched a dedicated desk to provide structured support for European businesses seeking to invest, expand, or establish operations in India. This initiative is expected to facilitate the US$ 100 billion foreign direct investment (FDI) commitment outlined in the...
Switzerland’s decision to suspend the Most Favoured Nation (MFN) status under its Double Taxation Avoidance Agreement (DTAA) with India, effective January 1, 2025, could have significant implications for trade and investment. While it may not immediately disrupt trade, it will raise taxes for Indian companies operating in Switzerland, particularly those...
India has just signed a pivotal Trade and Economic Partnership Agreement (TEPA) with EFTA countries, a group that comprises Switzerland, Iceland, Norway & Liechtenstein, on March 10, 2024. The deal marks another successful culmination of India’s efforts to fast track such agreements with important trade partners. A key highlight of...
Founded in 1960, EFTA facilitates free trade for countries outside the European Community, and currently includes Switzerland, Norway, Iceland and Liechtenstein. Negotiations on a broad-based India-EFTA Trade and Investment Agreement were officially launched in January 2008, based on recommendations made by a Joint EFTA-India Study Group. The 21st round of discussions...
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