India, European EFTA bloc sign US$100 billion free trade deal

NEW DEHLI: India and the four-member European trade bloc EFTA signed a US$100-billion free trade agreement on Sunday to promote investment and exports, officials said.

"The India-EFTA Trade and Economic Partnership Agreement marks a historic milestone in our growing partnership," Goyal said after the signing in New Delhi. Swiss Economy Minister Guy Parmelin said the deal"will allow us to make better use of our economic potential and create additional opportunities for both India and the EFTA states".

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