MFN status suspension by Switzerland not to impact EFTA trade pact with India: Commerce Secy

Switzerland's suspension of the Most Favoured Nation (MFN) clause in its Double Taxation Avoidance Agreement with India will not affect commitments made under the trade pact between India and the EFTA bloc, Commerce Secretary Sunil Barthwal confirmed. The agreement, signed in March, includes a USD 100 billion investment commitment over 15 years.