
100 bn investment target was breakthrough moment: Swiss official
The Hindu
Helene Budliger Artieda speaking to The Hindu after successfully concluding the deal.
Expressing confidence that the EFTA bloc of four countries Iceland, Liechtenstein, Norway and Switzerland would be able to reach the target set by the India-EFTA Free trade agreement of $100 bn investment and 1 million jobs, one of the deal’s top negotiators cautioned that investment would come from the private sectors, and governments could only encourage and facilitate the outcomes. Speaking to The Hindu after successfully concluding the deal, Helene Budliger Artieda, the Swiss State Secretary for Economic Affairs, said that agreeing on the investment chapter was a “breakthrough moment” for negotiations on the Trade and Economic Partnership Agreement. Excerpts:

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












