MFN status suspension not to delay implementation of EFTA trade pact with India: Switzerland
Switzerland has said. The Swiss government has suspended the Most Favoured Nation (MFN) status, which could potentially impact Swiss investments in India and lead to higher taxes on Indian companies operating in the European nation.
ET Year-end Special Reads
Gold outshines D-St with 20% returns, but 2025 may be different
The year of the pause: How RBI maneuvered its policy in 2024
2024, the year India defeated China's salami-slicing strategy
India and the four-nation European Free Trade Association (EFTA) signed the pact, officially dubbed as TEPA (Trade and Economic Partnership Agreement), in March. Its members are Iceland, Liechtenstein, Norway, and Switzerland.
The agreement is yet to be implemented.
«No, the decision will not delay the ratification and implementation of EFTA-India TEPA,» the Embassy of Switzerland in India has said in a response to PTI queries on the matter.
It also said that this decision does not negatively affect investments from Switzerland to India.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Learn InVideo AI: Create Videos from Text Easily
By — Prince Patni, Software Developer (BI, Data Science)
Finance
A2Z Of Finance: Finance Beginner Course
By — elearnmarkets, Financial Education by StockEdge
Marketing
Digital Marketing Masterclass by Neil Patel
By — Neil Patel, Co-Founder and Author at Neil Patel Digital Digital Marketing Guru
Office Productivity
Mastering Microsoft
