2 hrs ago

Modi Announces Steps to Expand India-Switzerland Trade and Investment

Watch: #PMModi Announce Steps To Boost #India-#Switzerland Trade And Investment · livemint.com

India and Switzerland announced steps to make it easier to trade and invest with each other.

Narendra Modi made the announcement with Swiss President Guy Parmelin.

The plans aim to help more Indian products reach buyers in Switzerland.

These products include farm goods, medicines, textiles and engineering goods.

The steps are also meant to make investment between the countries simpler.

Modi said Switzerland may invest in areas such as banking, insurance, biotechnology and food processing.

The announcement also named life sciences and sustainability as possible investment areas.

Key facts

Countries involved: India and Switzerland
Announced by: Narendra Modi and Guy Parmelin
Export sectors named: Agriculture, pharmaceuticals, textiles and engineering goods
Potential Swiss investment sectors: Biotechnology, life sciences, banking, insurance, food processing and sustainability
Stated trade aim: Expand market access for Indian exports to Switzerland
Stated investment aim: Further simplify investment between the two countries

livemint.com · 3 hrs ago