April 23, 2025 05:42 am (IST)
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PM Modi gets Swiss support for India's membership in NSG
Geneva, Jun 6 (IBNS): It seems like Narendra Modi's visit to Switzerland has been a successful one as the Indian Prime Minister scored big here by gaining support from Swiss President Johann Schneider-Ammann to get membership of the Nuclear Suppliers Group (NSG), a 48-member club of nuclear trading nations.
Speaking to media on Monday, Modi said, "India and Switzerland share a commitment to reform international institutions in line with current global realities. We have both agreed to support each other for our respective bids for the non-permanent membership of the UN Security Council. I am also thankful to the President for Switzerland's understanding and support for India's membership of the Nuclear Suppliers Group."
The Indian Prime Minister reiterated his promise of bring back to India the "black money."
"Combating the menace of 'black money' and tax evasion is also our shared priority. We discussed the need for an early and expeditious exchange of information to bring to justice the tax offenders. An early start to negotiations on the Agreement on Automatic Exchange of Information would be important in this respect," said he.
Modi said the economic links between our two countries are strong and vibrant.
"Many Swiss companies are household names in India. Ties of collaboration in trade, investment, science and technology and skill development benefit both our societies. India has affirmed it's readiness to resume FTA talks with EFTA," said he.
The India PM also announced that he along with the Swiss President agreed to build on the Swiss Vocational and Educational Training system suited to India's needs.
"Yesterday we observed World Environment Day. In tune with its objectives and India's civilizational ethos an economically prosperous India will also be friendly to the planet and our environment. Reliance on renewable energy, rather than on fossil fuels would be our guiding motto," Modi said.
The Indian PM also invited Swiss companies to invest in India stating that his country is prospering economically.
"We see a perfect connect between our development needs and Swiss strengths. I, therefore, invite the Swiss companies to avail of this great opportunity to be a key partner in India's economic growth. Ultimately, the economic prosperity of 1.25 billion plus would also benefit the entire world," said he.
Speaking about India-Switzerland ties, Modi said, "Strong ties between the people of our two countries are an important base and benchmark of our linkages. Thanks to the Indian film industry, we are very familiar with the enchanting beauty of the Swiss landscapes. But, we are also keen to welcome larger number of Swiss visitors to India.For this, we have opened the facility of e-Tourist Visa for Swiss nationals earlier this year."
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