India seals pact with 4-nation Europe trade group: $100 bn & 10 lakh jobs in 15-yr deal

India and the four-nation European Free Trade Association (EFTA), an intergovernmental grouping of Iceland, Liechtenstein, Norway and Switzerland, signed a trade pact Sunday that will see the EFTA countries committing to invest $100 billion in India and aiming to generate 10 lakh jobs over a 15-year period in exchange for tariff concessions for their pharma, chemical products and minerals, among other items.…

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