New Delhi: With an eye on receiving $ 100 billion investment from European Free Trade Association (EFTA) Nations – Switzerland, Norway, Norway, Iceland and Liechteintein – Government on monday announted up Ated Platform to Promote Trade, Investment and Business Facilitation Between The two regions.
Last March, India and the Four European Nations Had Signed A Free Trade Agreement, Which Included An Investment Commitment in Return for Tariff Reductions by New Delhi on Products, Including Chocolates, Esed Diamonds.
The agreement is not yet operational but is expected to be in force later this year. Commerce and Industry Minister Piyush Goyal Said All The Four Efta Nations has Moved forward in seeking to implement the agreement. “With the $ 100 billion FDI, I Believe That Weound Be CatalySing Overall Investments of May Be $ 400 billion or $ 500 billion in the Indian ecoSystem,” The Minister Said, Adding THE MILLION DILLION DIADING THE MILLION DILLION DIADING
The setting up of the dedicated investment desk is seen as an important step and it will be the centralized support Mechanism for Companies for Companies from the EFTA Region Looking to Explsia. It will provide market insurance and regulatory guidance, business match-making and assistance in Navigating India's Policy and Investment Landscape. “It will help businesses from Efta Countries Navigate Areas of Concern and it will make it easy to do business in India,” Goyal Told Reports.
He ALSO SAID INDIA IN OPTA CONTRATIS ANDICALEVES In Eather of the 20 Industrial Smart Cities, Being Developed by National Industrial Corridor Development CORPORAD B&S Spoke Model Areas Announced in Budget. “We are in dialogue with the countries to see if any of these (Industrial Parks) Could be dedicated to companies from their respective countries,” Goyal Added.
Helene Budliger Artieda, Swiss State Secretary said that they are informing their companies about investments options in options in India.
(Tagstotranslate) Business News (T) Swiss Investment in India (T) India-Efta Relations (T) India Efta Trade Agreement (T) Foreign Direct Investment India (T) Efta Fdi Investment
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