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India thanks Switzerland for support in global fora:
Context
- India on Thursday thanked Switzerland for its support in global multilateral organizations.
Talk of greater cooperation
- Welcoming the visiting Swiss President Doris Leuthard, Prime Minister Narendra Modi sought greater cooperation to ensure bilateral financial transparency.
Token of Thanks
- India thanked the Swiss government for its support to India’s membership bid for the Missile Technology Control Regime (MTCR).
- India is seeking greater cooperation with Switzerland within the framework of India-EU cooperation.
Increasing bonding
- India became an MTCR member last year and made a serious bid for the membership of the Nuclear Suppliers Group where Switzerland supported India.
- Mr. Modi also sought Swiss support in ensuring transparency in investments.
- Mr. Modi also noted that Switzerland has recognized traditional medicinal discipline of Ayurveda and sought greater cooperation to promote it in Switzerland.
- Both sides signed two major agreements on railways.
Financial transparency
- Switzerland have accepted automatic exchange of information on financial issues with India.
