PM Narendra Modi Says India, Switzerland Believe Reforms in Global Institutions Essential
Prime Minister Narendra Modi on Monday said India and Switzerland will continue to work together for global peace and stability, underlining the two countries’ shared commitment to democratic values, the rule of law, dialogue and diplomacy. The remarks came after Modi held talks with Swiss President Guy Parmelin in New Delhi during the latter’s three-day state visit to India.
New Delhi, October 5: Prime Minister Narendra Modi said on Monday that India and Switzerland believe in democratic values, rule of law, dialogue and diplomacy and both nations will continue to work together for global peace and stability. Addressing a joint press meet with Swiss President Guy Parmelin after their talks at Hyderabad House in New Delhi on Monday, PM Modi said India and Switzerland believe reforms in global institutions are essential to address growing global challenges.
"India and Switzerland both believe in democratic values, rule of law, dialogue and diplomacy. We will continue to work together for global peace and stability. Be it Ukraine or West Asia, India has consistently supported every meaningful effort towards peace. We are also in agreement that reforms in global institutions are essential for addressing the growing global challenges," he said. Swiss President Guy Parmelin Set To Arrive in India Today, To Hold Talks With PM Narendra Modi.
PM Modi and Swiss President Guy Parmelin Join Press Meet
Addressing the press meet with Mr. Guy Parmelin, President of the Swiss Confederation. @ParmelinG https://t.co/Om5YLt3pcY
— Narendra Modi (@narendramodi) October 5, 2026
Extending a warm welcome to the visiting leader, the Prime Minister, "I am very happy to welcome the President of Switzerland. I appreciate his commitment to India-Switzerland ties. In October last year, with his personal support, we signed the historic Trade and Economic Partnership Agreement with the EFTA countries. This is India’s first FTA with a European economic bloc. This is also an ambitious blueprint of investment, innovation, jobs and mutual prosperity. With this, we will realise 100 billion dollars investment and create 10 lakh direct jobs in India in the next 15 years."
Stressing that the friendship between India and Switzerland is "centuries-old", PM Modi recalled that Swami Vivekananda saw a glimpse of the Himalayas in the Swiss Alps in the 19th century and Mahatma Gandhi also spent time in Switzerland. He noted that these memories stay alive in the friendship between India and Switzerland. Swiss President Guy Parmelin Likely to Visit India Next Week.
"Today, innovation, infrastructure and advanced technology have emerged as strong pillars of our friendship. With the Summit today, we are going to give a new pace and height to our partnership," he said.
The Prime Minister said that he and President Parmelin identified new possibilities for military exchanges, defence production and cooperation. He said that they agreed to further deepen cooperation in the field of nuclear energy.
"We have taken several important decisions to enhance market access for India's exports in Switzerland and to further facilitate investment between the two countries. This will increase the export of India's agriculture, pharma, textile, and engineering goods to Switzerland. At the same time, we will attract new Swiss investment in India's important sectors such as biotech, life Sciences, banking, insurance, food processing, and Sustainability," he said.
Describing people-to-people ties as the "greatest strength" of the India-Switzerland partnership, PM Modi said, "With the Migration and Mobility Partnership Agreement and Young Professionals Agreement signed today, many new opportunities will open up in Switzerland for Indian students, researchers, professionals, and youth."
(The above story first appeared on LatestLY on Oct 05, 2026 03:31 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
