1.With reference to the India–European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA), consider the following statements:
- EFTA comprises Switzerland, Norway, Iceland and Liechtenstein.
- India has committed to providing tariff concessions on all its tariff lines under the agreement.
- The agreement includes an investment commitment of USD 100 billion over 15 years, linked with a target of creating 1 million direct jobs in India.
- The agreement covers cooperation beyond trade, including areas such as defence production, civil nuclear energy and AI governance.
Which of the statements given above is/are correct?
a.
b.
c.
d.