$100 billion FDI linked to 9.5% nominal GDP growth

0 billion FDI linked to 9.5% nominal GDP growth

It was only in November-end that Swiss officials came up with a proposal to “balance” India’s tariff cuts with a commitment to investment promotion. With zero industrial tariffs in Switzerland, Indian negotiators kept asking “what is in it for us” when it came to counting the gains.Almost a month later, a plan for $40 billion … Read more

EFTA Deal: EFTA deal: Tariff cuts to be linked to investment by companies | Delhi News

EFTA Deal: EFTA deal: Tariff cuts to be linked to investment by companies | Delhi News

NEW DELHI: India will link duty cuts under the trade deal with the European Free Trade Association (EFTA) with investment by companies from the member nations — Switzerland, Norway, Iceland, and Liechtenstein — which have together vowed to invest $100 billion over 15 years. “We will assess how much investment has come in during the … Read more