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The 13th round of political consultations took place at a particularly propitious time for strengthening bilateral relations, both in economic terms and in terms of partnership on other issues of key political importance.
During Mr Fasel's meeting with his counterpart, the two sides reaffirmed their commitment to deepening their strategic relationship, marked by the signing in March 2024 of the Trade and Economic Partnership Agreement between India and EFTA. This agreement, the first of its kind between India and a group of European countries, provides a solid basis not only for economic and trade relations, but also for increased exchanges in the fields of innovation, sustainability and science. Today, India is Switzerland's fourth-largest trading partner in Asia, and the largest in South Asia.
Discussions also covered major international issues, including the situation in South Asia and in Ukraine, multilateralism, Switzerland’s recent membership of the Security Council and the action it has taken at the Human Rights Council. India and Switzerland share a common vision on the need to strengthen global cooperation to address global challenges, such as the digital transition and climate security.
The parties also agreed to extend a memorandum of understanding (MoU) in the field of environmental and climate cooperation. The agreement, signed in September 2019, has helped to strengthen bilateral cooperation. The successful standardisation of low-carbon cement, a cutting-edge technology developed jointly by Swiss and Indian researchers, and innovative measures to strengthen urban resilience, demonstrate the impact of the partnership between the two countries under this MoU. The two countries have a shared vision of the great potential for training, research and innovation and are delighted that this MoU will soon be extended.
While in New Delhi, Mr Fasel also launched the biennial 'Sustainability with a Plus' initiative, an innovative platform for raising awareness of environmental challenges among Indian audiences through events focusing on the circular economy, innovation and social responsibility. In addition, Mr Fasel was presented at a ceremony with the internationally recognised LEED gold sustainability certificate for the energy and environmental performance of the Swiss embassy in New Delhi – a first for a diplomatic representation in India, as well as for a Swiss Confederation building abroad.
The 13th round of consultations have consolidated the foundations of a strategic partnership between Switzerland and India, reflecting the importance of pragmatic, results-oriented cooperation based on shared values. Opportunities for high-level visits were also discussed.
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