India, Switzerland Sign 5 Pacts as PM Modi, President Guy Parmelin Discuss Trade, Defence and Nuclear Energy
The two sides signed five agreements and outlined plans for 100 billion dollars in investment and 10 lakh direct jobs over 15 years.
- On Monday, October 5, 2026, Prime Minister Narendra Modi and Swiss President Guy Parmelin met in New Delhi, signing a landmark Migration and Mobility Partnership to facilitate professional and student travel.
- The bilateral summit marked the first anniversary of the India-EFTA Trade and Economic Partnership Agreement , which targets $100 billion in investments and one million direct jobs across the country over the next 15 years.
- Provisions within the MMP include multiple-entry visas valid for up to five years and renewable one-year student permits, alongside an Agreement on the Exchange of Young Professionals for 300 to 500 individuals annually.
- Modi and Parmelin identified new opportunities for cooperation in military exchanges, defence production, and nuclear energy. "Today, we identified new opportunities," Modi said, while also signing an MoU on transportation technologies.
- Switzerland prepares to host the next global AI summit in Geneva in 2027, as the Swiss leader praised the nation's global tech stance and initiatives to democratize access to technological benefits through the International Computation and AI Network .
18 Articles
18 Articles
The meeting between PM Modi and Swiss President Guy Parmelin focused on expanding India-Switzerland relations beyond trade. The two countries discussed expanding cooperation in defense production, nuclear energy, technology, infrastructure, science, and innovation.
India, Switzerland to strengthen ties in defence, nuclear energy sectors
India and Switzerland signed pacts on mobility that will ease granting longer-duration visas and the exchange of young professionals and agreed to strengthen cooperation in defence and nuclear energy sectors, as Prime Minister Narendra Modi met Swiss President Guy Parmelin on Monday. After the bilateral meeting with the visiting Swiss President, PM Modi said, “Today, […]
India, Switzerland eye deeper ties in trade, investment, tech
India and Switzerland have signed five agreements to strengthen cooperation in trade and mobility. The two countries aim to enhance market access for Indian exports and attract Swiss investments in key sectors. A new mobility agreement will facilitate easier access for Indian professionals and students to Switzerland. Both leaders discussed global conflicts and emphasized the importance of dialogue for peace.
India, Switzerland sign 5 pacts as PM Modi, President Guy Parmelin discuss trade, defence and nuclear energy
India and Switzerland signed agreements covering migration and mobility, young professionals, transportation, research, and innovation and technology transfer.
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