Prime Minister Narendra Modi will embark on a five-nation tour from Saturday. He will visit Afghanistan, Qatar, Switzerland, the US and
Mexico. He is also slated to head for a four-nation tour to Africa in
the first half of July. While the itinerary of that visit is still being
worked out, it is likely to include visits to Mozambique, South Africa,
Tanzania and Kenya. It will be the first visit of his tenure to
mainland Africa. The PM had visited the island nations of Seychelles and
Mauritius in March 2015.
The highlight of the PM’s five-nation tour will be the visit to Switzerland on
June 5 and 6, en-route to the US. In Switzerland, the PM will hold
discussions with the President of the Swiss Confederation Johann
Schneider-Ammann. Modi is also likely to take up early conclusion of an
agreement on the automatic exchange of tax information.
This agreement will facilitate the exchange of information between the
tax authorities of the two countries and potentially help Indian tax
authorities to track unaccounted money, or ‘black money’, suspected to
be stashed away in Swiss banks by Indian nationals. Tracking down the
‘black money’ was a key promise of the Modi-led Bharatiya Janata Party
in the run-up to the 2014 Lok Sabha elections. Read More.
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