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Searched Tag: bilateral investment treaty

India's efforts to strengthen economic ties with the European Free Trade Association (EFTA) are close to fruition, as sources suggest a free trade agreement (FTA) promising significant investments and job creation is nearing finalization.

India-EFTA free trade agreement nears formalization, promising billions in investments and jobs

March 5, 2024, 10:10 AM - 2 min read

"This is the first FTA for India where it has been able to get a commitment on investment and employment from the partner nations. The EFTA countries are looking at investing in joint ventures in areas such as pharmaceuticals, especially medical devices, certain chemicals, food processing, and engineering products," disclosed an official closely monitoring the negotiations.

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India and the UAE on Tuesday signed the Bilateral Investment Treaty (BIT), which will be a key enabler for further promoting investments in both countries.

India signs BIT with UAE to further promote investments

February 14, 2024, 02:03 PM - 2 min read

The BIT is aimed at improving the confidence of investors, especially big investors resulting in a rise in foreign investments and overseas direct investment (ODI) opportunities. It is also likely to have a positive impact on employment generation.

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