India will waive tariffs on industrial imports from four European nations for a $100 billion investment over 15 years, ending nearly 16 years of negotiations.
Indian Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Shri Piyush Goyal is talking to media on EU-India trade relations. India will lift most import tariffs on industrial products from four European countries in return for investment of $100 billion over 15 years, its trade minister said, after an economic pact signed on Sunday that concluded nearly 16 years of negotiations.
"Norwegian companies exporting to India today meet high import taxes of up to 40% on certain goods," Industry Minister Jan Christian Vestre said in a separate statement.covers some new elements such as intellectual rights and gender equity, Goyal added, telling a press conference, "It is a modern trade agreement, fair, equitable and win-win for all five countries."
The Indian market offers immense opportunities for trade and investment, said Swiss economic official Guy Parmelin, adding that the pact was the result of 21 rounds of talks. "This will enable the EFTA states, in particular, to address trade-related sustainability considerations."
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
India signs a trade accord with 4 European nations for $100 billion investment over 15 yearsIndia has signed a trade agreement with Iceland, Liechtenstein, Norway and Switzerland on Sunday that includes a commitment of $100 billion investment and creating 1 million direct jobs in India in the next 15 years.
Les mer »
Amazon knocks $100 off the Apple AirPods MaxKris Holt joined Engadget as a contributing reporter on the news desk in 2018. He has been writing about technology, games, streaming and entertainment for over a decade after starting his career as a sub-editor on a local newspaper. Kris holds a Master of Arts degree in English from the University of Dundee.
Les mer »
Inside Yo Gotti’s $100 Million Music EmpireI'm a senior writer and editor at Forbes, covering business and editorial lead at ForbesBLK. Previously, I covered business at CNBC, ranging from professional league media deals, sponsorships, labor agreements, and athlete portfolios.
Les mer »
Climate-Fueled Extreme Weather Costs US Nearly $100 Billion a Year: StudyThor Benson is a staff writer for Common Dreams.
Les mer »
Ethereum (ETH) Whale Nets Over $100 Million in Profits Amid Price RallyEthereum sees growing trend of large-scale accumulation amid price rally
Les mer »
Fanatics North Carolina Promo Code: Get a free hat & $1K bonus bets w/ $100 depositYou can get a free hat and an additional $1,000 in bonus bets when you pre-register and make a cash deposit of $100.
Les mer »