Switzerland & India To Sign FTA After 16 Years of Negotiations

New Delhi, Jan 22 (KNN) Switzerland and India have achieved a breakthrough in their free-trade negotiations, with Swiss Economy Minister Guy Parmelin confirming the consensus after 16 years of talks.

Following the World Economic Forum in Davos, Parmelin promptly travelled to India to meet with his counterpart, Piyush Goyal, as revealed in a post on X on Saturday.

While the broad outlines of the agreement have been settled, officials are currently working on finalizing the finer details.

Parmelin highlighted that the agreement is expected to generate employment opportunities for the youth in India and ensure job security in Switzerland, as reported by Swiss newspaper Sonntagszeitung.

(KNN Bureau)