India-EFTA Agreement

EENI- School of International Business

Sub-subject: India-European Free Trade Association (EFTA) Bilateral Agreement. Syllabus:

1. India-European Free Trade Association (EFTA) negotiations on broad-based International Trade and Investment Agreement
2. Trade Relations between India and EFTA countries

Sample of the sub-subject: India-EFTA Free Trade Agreement (FTA)

Description of the Sub-Subject: India-European Free Trade Association (EFTA) Bilateral Agreement.

Status of the agreement on foreign trade and foreign direct investment (FDI) between India and the European Free Trade Association: under consultation and study.

Recognising the need for improving foreign trade between India and the European Free Trade Association (Switzerland, Iceland, Norway, and Liechtenstein), a Joint Study Group was formed and mandated to take an exhaustive view of bilateral economic ties between India and the European Free Trade Association (EFTA).

The India-European Free Trade Association Free Trade Agreement (FTA) will cover:

1. International Trade in products and services
2. Foreign direct investment

Foreign Trade EFTA-India

1. Bilateral trade India-European Free Trade Association (EFTA): 7,475 million dollars
2. Exports from India to EFTA: 623 million dollars
3. Exports from the European Free Trade Association markets to India: 6,853 million dollars
4. Switzerland is largest trade partner of India

The India-European Free Trade Association Bilateral Agreement belongs to the:

1. Economic Area of the Hindu Civilisation
2. European Economic Area of the Western civilisation