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Searched Tag: trade and economic partnership agreement
The Confederation of Indian Alcoholic Beverage Companies (CIABC) has lauded the implications of the free trade agreement between India and the European Free Trade Association (EFTA), comprising Iceland, Liechtenstein, Norway, and Switzerland.

CIABC projects flourishing domestic wine sector in wake of India-EFTA deal

March 11, 2024, 06:29 PM - 2 min read

According to details outlined in the agreement documents, wines imported from EFTA countries will witness duty concessions akin to those extended to Australia. Notably, there will be no concessions for wines priced below USD 5. However, for wines priced between USD 5 and USD 15, a gradual reduction in duties from 150% to 50% over a decade is anticipated.

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India is set to ink a historic free trade agreement (FTA) with the European Free Trade Association (EFTA) group of nations, comprising Iceland, Liechtenstein, Norway, and Switzerland on Sunday.

India and EFTA nations to seal Free trade agreement, marking third major deal under Modi government

March 9, 2024, 11:43 AM - 2 min read

"The Trade and Economic Partnership Agreement (TEPA) between India and EFTA covers wide-ranging matters such as trade in goods and services, rules of origin, intellectual property rights (IPR), investment promotion, trade facilitation, and sustainable development," a source elaborated.

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