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PM in Switzerland: Black Money & NSG membership on agenda

After his engagements in Switzerland, the Prime Minister will proceed to the US later on Monday

Policy Pulse
Publish Date: Jun 6 2016 12:09PM | Updated Date: Jun 6 2016 1:25PM

PM in Switzerland: Black Money & NSG membership on agenda
Prime Minister Narendra Modi, on Monday, Modi hold talks with president of the Swiss Confederation Johann Schneider-Amman during which the issues of black money and India's membership in the Nuclear Suppliers Group (NSG) to be figured.
 
 
PM Modi on Sunday arrived in Switzerland from Qatar. In a pre-departure media briefing in New Delhi, foreign secretary S Jaishankar said Switzerland is an important member of the NSG and he expected that the issue of India's membership to come up during the discussions.
 
 
India has already formally applied for membership of the group. On the black money issue, Jaishankar said India has already been in touch with the Swiss government under the double taxation avoidance agreement (DTAA) mandate and added that India hoped to engage as early as possible in the automatic exchange of information with Switzerland.
 
 
Monday's discussions may also veer around renewable energy and vocational education, sectors Switzerland is strong in. Switzerland is India's fifth largest trade partner and 11th largest investor. After his engagements in Switzerland, the Prime Minister will proceed to the US later on Monday and on Wednesday to Mexico.