New Delhi, Feb. 13 -- India and Switzerland are discussing a bilateral agreement on investments, Alexandre Fasel, the State Secretary for Foreign Affairs in Switzerland, confirmed on Thursday.

"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," Fasel said in an interview with ANI.

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 commented on the potential bilateral agreement: "I...