The delay is likely to be on account of the referendum that Switzerland may conduct, with its people voting on whether to clear the India-EFTA deal. The deal, which was first proposed in 2008, was finally signed on March 10, after 21 rounds of negotiations
As part of an agreement, Switzerland has agreed to lower or eliminate tariffs on 99% of products being traded with India and India has given tariff reductions on 95% of product lines. Tariff reductions will happen gradually over 10 years.
This trade agreement has taken place after a wait of nearly 16 years. The negotiations of this deal were started in the year 2008 and have taken 21 rounds to reach this conclusion.
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In order "to respond to the growing demand", world-famous chocolate Toblerone will be made outside the Swiss homeland.
The instantly-recognisable triangular chocolate, established in 1908 in the Tobler family factory, is currently produced exclusively in Bern.
By the end of 2023, Toblerone will open a new production line in Slovakia, where it also produces Milka and Suchard chocolates, according to US food giant Mondelez International, the brand's owner.