2 hrs ago
India and Switzerland Sign Five Pacts to Deepen Ties
India and Switzerland signed five agreements to work more closely together.
The agreements cover travel and migration, jobs for young professionals, transport, research, and new technology.
Some young workers will be able to spend time working in the other country.
The leaders also want to make it easier for Indian goods to be sold in Switzerland and to encourage more investment.
They discussed working together on defence and nuclear energy, too.
They plan to support research in areas such as health, clean energy, and space.
The leaders also talked about conflicts in Ukraine and West Asia.
They said they want to support peace and make artificial intelligence responsible and inclusive.
India and Switzerland signed five agreements after talks between Prime Minister Narendra Modi and Swiss President Guy Parmelin in New Delhi.
The pacts cover migration and mobility, young professional exchanges, transport and infrastructure, scientific research, and innovation and technology.
The young professional programme initially allows exchanges of 300 people annually from each country, with the number potentially rising to 500.
The leaders agreed to improve access for Indian exports and encourage investment, including through a special group to address trade and investment concerns.
They also discussed defence cooperation, nuclear energy, research, global conflicts, and plans for Switzerland to host a Geneva AI Summit next year.
- Who
- Indian Prime Minister Narendra Modi and Swiss President Guy Parmelin.
- What
- They held talks and signed five agreements to deepen cooperation between India and Switzerland.
- Where
- Hyderabad House in New Delhi.
- When
- Monday; the article does not specify the date.
- Why
- To expand cooperation in areas including mobility, trade, investment, transport, research, and technology.
Key facts
- Agreements signed
- Five pacts.
- Young professional exchanges
- 300 people annually per country, with the number potentially increasing to 500.
- Migration and mobility visas
- Multiple-entry visas for up to five years, with stays of up to six months per visit.
- Student permits
- Renewable one-year permits are provided for in the migration and mobility pact.
- Trade and investment
- The countries agreed to improve market access for Indian exports and facilitate investment.
- Trade and Economic Partnership Agreement
- The India-EFTA agreement came into force in October of the previous year, according to the article.
- Planned visit
- Swiss President Guy Parmelin was due to visit Noida International Airport at Jewar on Tuesday.
Quotes
Narendra Modi
Prime Minister of India
“The mobility pacts signed today will open up many new opportunities in Switzerland for Indian students, researchers, professionals, and young people.”
deccanchronicle.com
“We invite Swiss infrastructure companies to invest in India at a large scale and participate in capacity building, design, and manufacturing.”
deccanchronicle.com
Sources
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