Prime Minister Narendra Modi and Swiss President Guy Parmelin met to discuss enhancing economic cooperation between India and Switzerland. They focused on areas like trade, investment, and technology, particularly with the implementation of the India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA) that started in October 2025. The discussions took place during the AI Impact Summit 2026 in New Delhi.
The Ministry of External Affairs shared that the leaders talked about boosting collaboration in trade, investment, and technology, emphasizing future-ready partnerships in AI innovation. The aim is to promote technological cooperation, quality investments, and job creation, especially for the youth. Switzerland is set to host the next AI Summit in Geneva in 2027.
Swiss President Parmelin highlighted the importance of AI in shaping the future rapidly. He stressed the need for governments to work closely, exchange knowledge, and ensure that AI benefits everyone. Parmelin also visited the Switzerland pavilion at the Summit, showcasing the country’s excellence in innovation and research.
The India AI Impact Summit 2026, themed ‘Welfare for all, happiness of all,’ aims to establish India as a leader in AI. It envisions a future where AI advances humanity, fosters inclusive growth, and protects the planet. The Summit comprises seven Working Groups aligned to three pillars: People, Planet, and Progress, focusing on delivering concrete outcomes across sectors.
