Bern, June 11 -- The Associated Chambers of Commerce and Industry of India (ASSOCHAM) and Swissmem -- Switzerland's leading mechanical and electrical engineering industries association -- have formalised a three-year partnership agreement aimed at strengthening business cooperation between the two nations.

The Memorandum of Understanding (MoU) was signed on Tuesday at the Swissmem Industry Day in Bern. It establishes a comprehensive framework for enhanced trade relations, technology transfer, and investment opportunities between Indian and Swiss companies.

Commerce Minister Piyush Goyal just completed his two-day visit to Switzerland. His next trip is to Sweden.

The Indo-Swiss partnership encompasses several key areas of collaboration ...