India and Switzerland, respectively the largest and oldest democracies in the world, have always enjoyed good relations.This content was published on December 20, 2001 - 14:25
After independence, India’s first friendship pact happened to be with Switzerland. Business ties have been steadily increasing since the beginning of the 1990s and trade between the two countries is now worth about SFr1.25 billion. Traditionally, the relationship has been characterised by development cooperation. The Swiss government contributes SFr30 million annually in aid. In partnership with both governmental institutions and non-governmental organisations, the Swiss Development Agency works with India’s poorest and most disadvantaged groups.
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