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Visit aims to boost India business links

Economics Minister Doris Leuthard is heading a delegation to India on a mission to promote economic links between the two countries.

The trip marks the 60th anniversary of Switzerland and India’s Treaty of Friendship and Establishment, the economics ministry said on Tuesday.

Representatives of 25 firms are accompanying the minister on the five-day visit.

Leuthard will hold talks in Delhi with her Indian counterpart Kamal Nath, finance minister Palaniappan Chidambaram and science and technology minister Kapil Sibal on free trade and access for Swiss firms to the Indian market.

The delegation will also visit Bangalore, Mysore and Mumbai to meet authorities and companies of interest to Swiss business.

Switzerland is one of the largest investors in India. Trade volume between the two countries totalled SFr3.3 billion ($3.2 billion) in 2007 and at present there are around 150 Swiss companies in India employing 41,000 people.

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