Text of Prime Minister’s Press Statement during Joint Press Statement with the President of Switzerland

The Prime Minister of India delivered a press statement during the joint press interaction with the President of Switzerland. The leaders reviewed bilateral relations, highlighting the Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA) countries, aimed at securing $100 billion in investment and creating 1 million direct jobs in India over 15 years. Discussions covered expanding market access for Indian exports in agriculture, pharmaceuticals, textiles, and engineering goods, while attracting Swiss investment in biotech, life sciences, banking, insurance, food processing, and sustainability. Both nations identified new avenues for cooperation in military exchange, defense production, nuclear energy, infrastructure, science and technology, health, clean energy, space, and artificial intelligence, alongside signing agreements on migration, mobility, and young professionals.