Switzerland commits support to India in fight against black money

Switzerland has committed support to India's fight against black money through exchange of information, China's Xinhua news agency reported.

"India is a good friend. In these seven decades, we have listened to each other, given advice, and learned from each other. This is the foundation on which a relationship stands today," visiting Swiss President Doris Leuthard said.

"Switzerland is committed to supporting India's fight against black money through exchange of related information and this year we await the approval in our Parliament," she said, while speaking at a function in the Swiss embassy in the Indian capital Friday night.

The Swiss president, who is on a four-day state visit to India, had earlier met Indian Prime Minister Narendra Modi on a wide range of bilateral and global issues.

India wants information from Switzerland about black money stashed away by Indians in Swiss banks.

-- BERNAMA