India, Switzerland eye deeper ties in trade, investment, tech

NEW DELHI: India and Switzerland looked to deepen cooperation in trade and investment, technology, defence production and nuclear energy as PM Modi held talks with visiting Swiss President Guy Parmelin. The two countries also signed five agreements, including one for a migration and mobility partnership and another for exchange of young professionals.Identifying innovation, infrastructure and advanced technology as strong pillars of the bilateral partnership, Modi said India and Switzerland were going to give the relationship a new momentum and take it to new heights.The two countries set up a committee to facilitate trade and investment and address trade-related concerns, building upon Trade and Economic Partnership Agreement (TEPA) signed between India and European Free Trade Association (EFTA) countries in 2024. TEPA was India's first FTA with any economic bloc in Europe, as Modi recalled."It is also an ambitious blueprint for investment, innovation, jobs, and shared prosperity.