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‘India-EFTA deal strengthens rule of law amid growing global trade uncertainty’: Switzerland’s State Secretary for Economic Affairs
['Anish Mondal', 'Ravi Dutta Mishra', 'Ravi Dutta Mishra Is A Principal Correspondent With The Indian Express', 'Covering Policy Issues Related To Trade', 'Commerce', 'Banking. He Has Over Five Years Of Experience', 'Has Previously Worked With Mint', 'Other News Outlets.', '... Read More', 'Cdata']
The Indian Express
The trade deal between India and the European Free Trade Association (EFTA) countries will strengthen the rule of law and help bring certainty for businesses amid increasing complications emerging in global trade, Switzerland State Secretary for Economic Affairs, Helene Budliger, said in an interview with The Indian Express.
How can India and EFTA benefit from the deal amid an increasingly uncertain global trade environment?
This complexity stems not only from bilateral tariff discussions with the United States, but also from the fact that Swiss companies operate manufacturing facilities around the world.
So, having a Trade and Economic Partnership Agreement (TEPA), which strengthens the rule of law, is very important.
First, we will have Swiss companies that will simply want to export their products to India.