Prime Minister Narendra Modi will be on an official visit to Switzerland and Mexico next week, the External Affairs Ministry announced on Monday.
'Switzerland is a country which wants to be part of the international mainstream'.
India on Monday got the backing of Switzerland in its bid to become a member of the Nuclear Suppliers Group.
Modi promised in his 2014 election campaign to recover billions of dollars sent to tax havens abroad to avoid income tax, now about 30 per cent in India
PM is expected to discuss black money issue with Swiss President.
India and 24 other trade ministers agreed to step up efforts to conclude a multilateral trade deal under the Doha Round this year itself.
Switzerland will not share details about accounts held prior to September 2018.
Experts of both the countries will meet by mid-September 2016 to further discuss the modalities for the reciprocal bilateral implementation of AEOI between India and Switzerland with a view to reaching an agreement at the earliest, possibly by the end of the year
Two Indian women figure among scores of foreign nationals with Swiss bank accounts, whose names have been made public by Switzerland in its official gazette for being probed in their respective countries.
Modi on Saturday embarked on a five-nation visit to Afghanistan, Qatar, Switzerland, the US and Mexico focus of which will be to enhance India's engagement in areas of trade, energy and security, besides pushing for its membership of the Nuclear Suppliers Group.
Modi is likely to seek support of Switzerland and Mexico for India's membership of the 48-member Nuclear Suppliers Group as both these countries are key members of the elite group. The issue is likely to figure during Modi's meeting with Obama in Washington.
After the three bilateral meetings, Modi would participate in the three separate sessions of the Nuclear Security Summit, which kicked off with a White House dinner on Thursday night.
Immediate NSG membership will not help India realise its nuclear ambitions any faster. It could have easily left the process take its own course, instead of running a high-stakes campaign to get in, says B S Raghavan.
Informing the world leaders of measures taken by him, Modi said India will continue to accord a high national priority to nuclear security through strong institutional framework, independent regulatory agency and trained and specialised manpower.
India has been probing hundreds of black money cases.
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