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PM Narendra Modi to visit five nations from June 4; to discuss black money with swiss

New Delhi: Prime Minister Narendra Modi will embark on a five-nation visit from June 4 which will cover Afghanistan, Qatar, Switzerland, the US and Mexico. In Switzerland, the Prime Minister will hold talks with the

PTI PTI Published on: May 29, 2016 14:25 IST
PM Modi
Image Source : PTI PM Modi

New Delhi: Prime Minister Narendra Modi will embark on a five-nation visit from June 4 which will cover Afghanistan, Qatar, Switzerland, the US and Mexico.

In Switzerland, the Prime Minister will hold talks with the Swiss leadership, including President Johann Schneider-Ammann, and is likely to seek cooperation to unearth black money accounts of Indians in Switzerland which was a promise made by him during elections in 2014.

According to sources, the officials of the two countries are working on finalising an arrangement that could pave the way for automatic exchange of information on tax-related issues.

The Switzerland government had on May 18 initiated consultation on an ordinance to put in place a mechanism for automatic exchange of tax information with India and other countries.

From Switzerland, Modi will travel to the US on June 7 at the invitation of President Barack Obama, with whom he will review the progress made in key areas of defence, security and energy.

During his stay, he will also address a Joint Meeting of the US Congress.

On his return, he will visit Mexico where India is eyeing trade and investment tie ups.

In September last year, during his UN visit in New York Modi had held talks with Mexican President Enrique Pena Nieto.

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