Swiss government submits India free trade agreement to parliament
"By concluding the agreement with India, the world's most populous country, we are finally filling one of the biggest gaps on our free trade network map," said Swiss Economics Minister Guy Parmelin on Thursday.
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Listening: Swiss government submits India free trade agreement to parliament
The Swiss government has submitted its proposed free trade agreement with India to parliament. It is expected to debate the treaty in the upcoming spring and winter parliamentary sessions.
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Message sur l’accord de libre-échange avec l’Inde au Parlement
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Switzerland signed the agreement between India and the European Free Trade Association (EFTA), which includes the Alpine nation, in March, alongside the other EFTA members after sixteen years of negotiations.
Under the agreement, 94.7% of Swiss exports to India will benefit from tariff relief. The agreement includes a chapter on investment promotion and cooperation. It also includes a comprehensive, legally binding chapter on trade and sustainable development.
Translated from German by DeepL/sb
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.
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