Swiss support India’s bid to enter NSG

Thanks to Switzerland’s backing, India got its first fillip for its effort to be a member of the exclusive Nuclear Suppliers Group

shreerupa

Shreerupa Mitra-Jha | June 6, 2016


#NPT   #NSG   #Switzerland   #Narendra Modi   #diplomacy  
Swiss support India’s bid to enter NSG
Swiss support India’s bid to enter NSG

India got support from Switzerland as it mounted a bid to enter the elite Nuclear Suppliers Group (NSG), the move coming on a day when Indian prime minister Narendra Modi was in Geneva where he called the issue of tax evasion and black money a “shared priority” for the Indians and the Swiss.

“Switzerland welcomes an Indian contribution to the non-proliferation of nuclear arms,” said the president of the Swiss Confederation, Johann Schneider-Ammann.

“We promised India support in its efforts to become a member of this group, the NSG. The process has started and we will certainly contribute actively,” he added.

However, the Swiss president in an exclusive press meet later parried a question on whether Switzerland would insist on India signing the Non-Proliferation Treaty (NPT) before gaining entry into the nuclear suppliers' club. Switzerland hopes all countries sign the NPT, he said in German.
Modi also said that Switzerland and India will support each other’s bid for non-permanent membership at the UN Security Council.

Modi, meanwhile, called the issue of tax evasion and black money a “shared priority” for the Indians and the Swiss.

“India and Switzerland have been fighting against tax fraud and tax evasion,” Ammann said.

“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,” Modi said.

The other big item on the agenda was the Free Trade Agreement (FTA) between the European Free Trade Association (EFTA) states—Iceland, Liechtenstein, Norway and Switzerland—and India that has been stuck since 2008.

“India has affirmed it's readiness to resume FTA talks with EFTA,” Modi said.

The Swiss president confirmed that towards the end of this week it will send a high-level delegation led by Marie‐Gabrielle Ineichen‐Fleisch, head of the world trade division at the state secretariat for economic affairs (SECO) as the chief negotiator to re-launch discussions on a possible trade deal.

In 2015, exports to India increased by 6.6 percent compared to last year, while imports fell by around 10 percent. Switzerland is one of the 10 largest investors in India.

High levels of ambition on intellectual property by Swiss companies was one of the main sticking points for the EFTA trade deal with India. Ammann later said that the levels of ambition for Swiss companies are the same—these are issues that will be discussed by the negotiating team when in India.

Apart from the meeting between the governments that lasted for about an hour, the Indian prime minister also attended an economic round table with Swiss businessmen, that included representatives from the Swiss watch-making industry and Novartis.

Energy policies and “financial aspects” were also discussed by the governments. “Its (India’s) 500 million plus youth is skilled and ready to meet the global needs of manpower. President and I agreed to build on the Swiss Vocational and Educational Training system suited to India's needs,” Modi said.

The prime minister also met about 15 scientists from CERN of Indian origin.

Comments

 

Other News

My musical journey has been really beautiful: Harshdeep Kaur

Harshdeep Kaur is a playback singer better known for her Sufi renditions. She sings Hindi as well as Punjabi. She sang ‘Ik Onkar’ in Rang De Basanti apart from several other soulful songs. Her track ‘R.I.P.’ composed by AR Rahman was part of Oscar-winner Danny Boyle’s film

BJP lawmakers top the list in hate speech cases

Out of all MPs and MLAs in office, 58 have declared cases related to hate speech. This includes union minister for drinking water and sanitation Uma Bharti along with 14 other Lok Sabha MPs. The list also includes 8 state ministers. A party wise analysis reveals that BJP has the highest numb

After its withdrawal from Meghalaya and Arunachal, is it time to review AFSPA in other areas too?

After its withdrawal from Meghalaya and Arunachal, is it time to review AFSPA in other areas too?

Togadia, Sinha and anti-Modi prejudices masked by empty rhetoric

There is an uncanny similarity in the pathological opposition to prime minister Narendra Modi by two members of the right wing, Pravin Togadia and Yashwant Sinha. They come from a diverse social and political background; yet they share a common strand that shows an unmitigated hatred towards

“We are becoming American digital colonies”

Data is the new oil; and it needs to be protected. In an interaction with Governance Now, Lionel Baraban, CEO of Famoco, talks about how the French tech firm is developing secure business devices to safeguard data against going to other countries. What are the major roles o

Goa Shipyard and MTU, Germany to manufacture MTU engines in India

Goa Shipyard Ltd (GSL) and MTU, Germany have agreed to cooperate in the  local manufacturing of technologically-advanced MTU series 8000 engines in India. Under the agreement, which was signed at India’s leading defence trade show Defexpo-18, the companies will manufacture the 16-

Current Issue

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter