By Admin 
Free Trade Agreement: India had earlier signed a free trade agreement with Britain and has now approved the FTA with four countries of Europe. The four countries of Europe with which the free trade agreement has been included- Switzerland, Norway, Iceland and Lynchister. This is expected to make many goods cheaper after the customs are zero. According to the report, the free trade agreement will be removed from it. This will make it cheaper like chocolate with Swiss watch. From the month of September, it will be implemented with four other European countries along with Switzerland.
India can come to a big investment
At this time, 30 percent import duty is levied on Swiss chocolate from India. It is believed that high and technology can benefit the most of this agreement. Through this agreement, more than $ 100 billion can be invested in India from these four countries of Europe. It is believed that a big investment in pharmaceutical companies can also come after this agreement.
What is FTA
Significantly, after the agreement with these four countries of Europe, duty on 90 percent of goods will be removed. One of its biggest advantage will be that there will be a big opportunity for those countries as a market in India for investment. However, in these agreement, special care has been taken to the interests of the farmer and products related to agriculture
Actually, after the free trade agreement, the trade between countries is made easier. After this, the customs and subsidy on import-export are either finished or very low. That is, this free trade agreement is completely against the business protectionism of any government.
Also read: The share of this company was ever priced at Rs 11, made millionaires in a year