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Swiss president visits India to boost trade ties
NEW DELHI: Swiss President Guy Parmelin was given a red-carpet welcome in India on Monday as he met Prime Minister Narendra Modi for talks on trade and investment. “My visit is a stepping stone towards further growth,” Parmelin said, adding that the three-day visit comes a year after a trade deal was signed with a four-member European bloc that compromises Switzerland, Norway, Iceland, and Liechtenstein. Under that deal, the European Free Trade Association (EFTA) aims to invest $100 billion in India over 15 years. The deal cuts tariffs, making it easier for Indian companies to sell goods into ...
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