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India Switzerland Relations | India got the backing of Switzerland in its bid to become a member of the Nuclear Suppliers Group (NSG) ahead of the group’s crucial meeting. |
Swiss President Johann Schneider-Ammann announced his country’s support to India’s membership in the 48-member grouping after holding comprehensive talks with Prime Minister Narendra Modi | Both the countries agreed to expand cooperation in tackling the problem of Indians stashing black money in Swiss banks besides resolving to step up ties in areas of trade, investment and vocational training. |
Indian tax authorities are probing cases of tax evasion and black money stashed abroad. | The NSG looks after critical issues relating to the nuclear sector and its membership will help India expand its atomic energy sector. Therefore, India has been pushing for membership of the bloc for last few years and had formally moved its application on May 12. |
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