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India will have option to withdraw duty concessions if USD 100 bn investment commitment not met by EFTA

By Economic Times - 9 months ago
India can suspend customs duty concessions on EFTA country goods if the European nation bloc fails to meet its USD 100 billion investment obligations. The agreement includes an investment promotion and cooperation chapter with a three-stage consultation procedure and an investment sub-committee. India will ensure a favourable investment climate.

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