Suspends MFN Status From Switzerland: A Bodyblow to Indian Exporters
Suspension of MFN: Time for India to Take the Reins on Ethical Trading Practice In a very surprising geopolitical and economic move, Switzerland has announced the suspension of “Most Favored Nation” (MFN) status accorded to India by WTO rules. This means a shift in Switzerland’s trade policy towards India and, consequently, broad implications regarding trade relations, investor confidence, and the stock market. The MFN…