With which Inter-governmental international organization has India signed a Trade Agreement on March 10, 2024?
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → EFTA
On 10 March 2024 India signed the Trade and Economic Partnership Agreement (TEPA) in New Delhi with the European Free Trade Association (EFTA), an inter-governmental group of four European countries that are not in the European Union: Switzerland, Norway, Iceland and Liechtenstein. Under it the EFTA countries committed to promote investment of USD 100 billion in India over 15 years, and both sides cut duties on each other’s goods.