President Ram Nath Kovind on Friday while addressing the Federal Council of Switzerland said that scourge of terrorism is among the gravest challenges that the world faces today.
Noting that India has been a victim of state sponsored terrorism for decades, president said that Tax evasion and money laundering have strong links with terrorism. He also expressed happiness over the fact that India-Switzerland will have the first automatic exchange of information on tax matters in the coming weeks.
President also noted that India – Switzerland partnership has made significant progress. Noting that India is the world’s fastest growing major economy, president said that govt has set a target to become a 5 trillion economy by 2025. He stressed upon need to strengthen business links and forge stronger cultural connections between two nations. He said that India’s youth has the drive and energy to draw the contours of the 4th Industrial Revolution. He sought cooperatoin from Switzerland
President also led the delegation level talks with his counterpart, and witnessed the signing of three agreements including Technical cooperation on climate change, Science and technology alliance and Renewal of Hindi Chair at University of Lausanne.
Earlier, President Ram Nath Kovind, who is in Switzerland in the second leg of his three nation visit, was accorded a Ceremonial at Switzerland. On Saturday, The President will unveil Mahatma Gandhi’s statue in Villeneuve near Berne. Notably, Mahatma Gandhi had visited Switzerland in 1931 on the invitation of Noble Laureate Romain Rolland.