Swiss Official Expresses Optimism on India-EFTA Free Trade Pact, Hopes for Concrete Investment Deals

By A Staff Reporter

New Delhi: Martin Saladin, Head of the Promotion Activities Directorate at Switzerland’s State Secretariat for Economic Affairs (SECO), on Wednesday expressed optimism over the recently signed Free Trade Agreement (FTA) between India and the European Free Trade Association (EFTA) countries, calling it a major step toward deepening economic cooperation.

Speaking on the sidelines of a trade engagement in Delhi, Saladin said the agreement would open new avenues for mutual investment and strengthen the long-standing economic partnership between India and Switzerland.

“We just entered into a Free Trade Agreement between India and EFTA countries. We have an objective for investment under TEPA. We count on India to facilitate, and India counts on Switzerland to promote investments,” he said.

Saladin added that both sides are eager to see tangible outcomes following the agreement. “I hope concrete deals will be struck between India and Switzerland,” he remarked.