India, Switzerland to strengthen ties in defence, nuclear energy sectors

India and Switzerland have signed agreements to enhance cooperation in defense, nuclear energy, and people-to-people ties, according to Prime Minister Narendra Modi's meeting with Swiss President Guy Parmelin. The Mobility and Young Professionals Agreements aim to facilitate longer-duration visas and exchange programs for Indian students, researchers, and professionals.

The Visas will provide multiple-entry privileges for up to 5 years, with stays of up to 6 months per visit. The MoU also focuses on combating irregular migration and human exploitation, adhering to national laws. Additionally, the agreement for exchanging young professionals includes 300 annual exchanges, potentially increasing to 500.

Swiss President Parmelin expressed appreciation for Modi's commitment to India-Switzerland relations, noting the historic Trade and Economic Partnership Agreement signed last October. The agreement is expected to attract $100 billion in investments and create one million direct jobs in India over the next 15 years. Parmelin also mentioned plans to conclude an investment protection agreement and intellectual property protection discussions with Switzerland.

Modi highlighted several infrastructure projects in Varanasi, Jewar Airport, and rail tunnels as examples of India-Switzerland collaboration. The pair also discussed launching joint research projects in health, clean energy, and space.