India signs free trade agreement with European Free Trade Association, Today

India signs free trade agreement with European Free Trade Association, Today
India signs free trade agreement with European Free Trade Association, Today

India and the four-nation European Free Trade Association (EFTA) on Sunday signed free trade agreement in the presence of Union commerce & industry minister Piyush Goyal.

“It is a momentous occasion. The signing of the Trade and Economic Partnership Agreement with the European Free Trade Association marks the culmination of nearly 15 years of hard work, tremendous energy, and effort,” said Goyal.

Prime Minister Narendra Modi in a written messages congratulated everyone involved in the negotiations saying, “Heartiest Congratulations and best wishes to the negotiators and signatories involved in the signing of India-EFTA Trade and Economic Partnership Agreement (TEPA).”

“Depite structural diversities in many aspects, our economies possess complementarities that promise to be a win-win situation for all nations,” the message read.

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