US India Trade Deal Nears Completion Ahead of July 9 Tariff Deadline
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币界网报道：India is nearing completion of a trade deal with the European Free Trade Association (EFTA), including Switzerland, Norway, Iceland, and Liechtenstein, ahead of the July 9 deadline for tariff concessions. The agreement, expected to boost bilateral trade to $100 billion over 15 years, includes commitments from EFTA nations to invest in India. Key sticking points involve tariff reductions on Swiss watches and machinery. India seeks greater market access for its services sector, while EFTA aims for lower duties on industrial goods. The deal could serve as a model for future trade pacts, reinforcing India's economic ties with Europe.
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