India, Switzerland to expand market access, address concerns as TEPA turns one
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓India and Switzerland agreed on Monday to expand market access for Indian exports as the TEPA trade deal turned one.
- ✓Prime Minister Narendra Modi said, “This will help increase exports of Indian agricultural products, pharmaceuticals, textiles, and engineering goods.” Both nations also started a special group to address business constraints.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Business Line
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
India and Switzerland on Monday agreed to expand market access for Indian exports and address trade and investment-related constraints faced by businesses as the two countries seek faster implementation of the Trade and Economic Partnership Agreement (TEPA) between India and the four-member European Free Trade Association (EFTA) bloc.
The decision followed talks between Prime Minister Narendra Modi and Swiss President Guy Parmelin, who is on a three-day state visit to India coinciding with the first anniversary of TEPA coming into force. The two sides also agreed to set up a special group to address trade and investment-related issues, with the full support of both governments and the other EFTA members, a senior Indian official said.
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