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 .
10 Articles
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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.
India-Switzerland Ties: PM Modi & President Parmelin ink six pacts
NEW DELHI: India and Switzerland on October 5, Monday unveiled a major expansion of bilateral cooperation, with Prime Minister Narendra Modi and Swiss President Guy Parmelin overseeing six key agreements on migration, youth mobility, infrastructure, research and technology. The two leaders also backed a USD 100 billion EFTA investment roadmap aimed at creating one million direct jobs in India over the next 15 years. List of Outcomes (6 in total)…
India and Switzerland seal 5-year visa mobility pact, target USD 100B investment following PM Modi and President Parmelin talks - The Tribune
According to the list of outcomes provided by the Ministry of External Affairs, the primary breakthrough from the high-level talks, the Migration and Mobility Partnership (MMP), establishes long-term mobility frameworks, including multiple-entry visas for up to 5 years.
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LatestlyIndia and Switzerland seal 5-year visa mobility pact, target USD 100B investment following PM Modi and President Parmelin talks
According to the list of outcomes provided by the Ministry of External Affairs, the primary breakthrough from the high-level talks, the Migration and Mobility Partnership (MMP), establishes long-term mobility frameworks, including multiple-entry visas for up to 5 years.
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