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Pradeep Kumar

12/05/21 09:00 AM IST

4th India-Swiss Financial Dialogue

In news

The 4th India-Swiss Financial Dialogue was held here today virtually through video conferencing

Highlights
  • The Dialogue, inter-alia, covered sharing of experiences by both countries for collaboration on various aspects including investments, International Financial Services Centre Authority (IFSCA),
  • National Investment and Infrastructure Fund (NIIF), FinTech, sustainable finance and cross border financial services.
  • Further, matters relating to G20, IMF and tax challenges arising from the digitilisation of the economy was discussed along with infrastructure financing.
  • Both sides emphasised importance of coordinated bilateral action on clean and resilient post-COVID world.
  • Both the countries shared views and perspective on their respective countries and global economic scenario.
Background
  • India and Switzerland have had cordial and friendly relations based on shared values of democracy and rule of law.
  • India’s policy of non-alignment and Switzerland’s traditional policy of neutrality has led to a close understanding between the two countries. 
  • Both the countries have several bilateral dialogue mechanisms in place and this Financial Dialogue remains amongst the most important.
Source: PIB

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