Swiss government proposes free trade agreement with India, aiming to reduce tariffs on 95% of Swiss exports.

The Swiss government has proposed a free trade agreement with India to its parliament, seeking approval for a deal signed in March. This agreement, after 16 years of negotiation, aims to reduce tariffs on nearly 95% of Swiss exports to India, enhancing their competitiveness. With India's expanding middle class, the deal presents growth opportunities, though Swiss exports currently account for only 0.7% of total sales abroad.

September 05, 2024
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