India to sign trade agreement with EFTA today: What is the significance of the deal?

India is all set to sign a trade agreement with the four nation European Free Trade Association (EFTA), an intergovernmental grouping of Iceland, Liechtenstein, Norway and Switzerland, on Sunday. The pact likely builds in a plan to attract $100 billion in investment over the period of 15 years and diversify imports away from China.…

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