<h1>India-EFTA trade and economic partnership reduces tariffs on 92% of products, pledges $100B investment over 15 years</h1> A trade and economic partnership agreement between India and the European Free Trade Association (an association of four European states) entered into force, eliminating or reducing tariffs on about 92.2% of Indian product categories and including a joint pledge of USD 100 billion in investments over 15 years. The pact, the product of lengthy negotiations, foresees enhanced cooperation on technology, manufacturing, textiles, leather, food, regulatory alignment, skills and innovation, and contemplates mechanisms to accelerate investment decisions; EFTA representatives seek a bilateral investment protection treaty. Parties cautioned that achieving investment targets depends on private-sector uptake and appropriate regulatory and facilitative framework conditions.