New Delhi, Feb. 14 -- State Secretary for Foreign Affairs in Switzerland, Alexandre Fasel, on Thursday, said that India and Switzerland are poised to strengthen their economic ties through a new bilateral investment treaty.

In an interview with ANI on Thursday, Fasel said, "One aspect we deem necessary is to have a bilateral investment treaty to protect investments. That is something we are already discussing, and we are confident we will have a good solution."

Earlier this week, the State Secretary for Economic Affairs from Switzerland visited India with 100 potential investors and businessmen from Switzerland and other EFTA countries--Norway, Iceland, and Liechtenstein--to explore how to invest and under what conditions.

Fasel commen...