India has recently entered into Investment Facilitation Mechanism with which of the following entiti...........

Economic Affairs Foreign Investment

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India has recently entered into Investment Facilitation Mechanism with which of the following entities?

European Union

NAFTA

Mercosur

ECOWAS

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Explanation:

Investment Facilitation Mechanism is investment instrument signed between India and European Union for investments in India. It will lead to close coordination between EU and India with aim to promote and facilitate EU investment in India. IFM will lead to strengthening of trade and investment ties between EU and India and will create more robust, effective and predictable business environment for the EU investors in India.