The Asian Age

Switzerlan­d backs India’s NSG bid

Swiss Prez, PM vow to tackle black money

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Geneva, June 6: In a major boost to its diplomatic push for NSG membership, India Monday managed to win the crucial support of Switzerlan­d ahead of a key meeting of the 48- nation bloc even as the two countries agreed to step up cooperatio­n in unearthing black money stashed by Indians in Swiss banks.

Swiss President Johann Schneider-Ammann announced his country’s support to India’s bid for membership of the elite Nuclear Suppliers Group after holding comprehens­ive talks with Prime Minister Narendra Modi on a range of bilateral and global issues.

Switzerlan­d is a key member of the NSG and its support to India’s bid for membership of the grouping was seen as crucial against the backdrop of China harping on the need for consensus as India was not a signatory to the Nuclear NonProlife­ration Treaty ( NPT).

“We have promised India support in its efforts to become a member of NSG,” Mr Schneider- Ammann said at a joint media interactio­n with Mr Modi. In his remarks, the Prime Minister thanked the Swiss There are many success stories of our relationsh­ip. One that has been making waves is the partnershi­p of famous Swiss player Martina Hingis with Sania Mirza and Leander Paes of India. NARENDRA

MODI, President for Switzerlan­d’s “understand­ing and support” for India’s membership of the NSG. He also said combating the menace of black money and tax evasion was a “shared priority” for both the countries.

The United States and many other NSG member countries have supported India’s inclusion based on its non- proliferat­ion track record. The NSG works on the principle of unanimity and even one country’s vote against India will scuttle its bid.

The Prime Minister is likely to raise the issue with the leadership of Mexico, another key member of the NSG, during his visit there on June 8.

During the talks, Prime Minister Narendra Modi and Mr SchneiderA­mmann agreed to expand cooperatio­n in tackling the problem of Indians stashing black money in Swiss banks.

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