European Free Trade Association Flashcards

1
Q

European Free Trade Association (EFTA) has how many countries ?

A

4

i) Switzerland
ii) Iceland
iii) Norway
iv) Leichtenstein

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2
Q

Why is this in news ?

A

Because India and EFTA have signed a Trade and Economic Partnership Agreement (TEPA)

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3
Q

What is the commitment under this ?

A

EFTA has committed for FDI of upto 100 billion dollars in the next 15yrs

Along with this, 1 million direct jobs in the next 15yrs

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