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India and Switzerland strengthen AI governance, trade ties at Impact Summit

India and Switzerland discussed global AI rules, trade cooperation and future summits as PM Modi met Swiss President Guy Parmelin in New Delhi.

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India and Switzerland placed artificial intelligence, innovation-led growth and expanding economic cooperation at the centre of bilateral discussions as Prime Minister Narendra Modi met Swiss President Guy Parmelin on the sidelines of the AI Impact Summit in New Delhi.

President Parmelin is on a two-day visit to India to participate in the summit, with both sides describing the relationship as friendly and multifaceted. The talks took place at a time when artificial intelligence is increasingly shaping global governance debates, economic competitiveness and social transformation.

AI governance and responsible innovation in focus

Speaking after his engagements at Bharat Mandapam, President Parmelin thanked India for hosting what he described as a landmark gathering. He said artificial intelligence holds transformative potential across sectors such as education, healthcare, work and communication.

He underlined that the benefits of AI are not automatic and depend on timely policy frameworks and safeguards. According to him, governing AI responsibly can help reduce inequality and ensure that technological progress benefits broader sections of society.

The Swiss President said India and Switzerland share similar values in balancing innovation with accountability. He noted that artificial intelligence presents an opportunity to shape a more equitable technological transition than earlier industrial revolutions, provided governments act proactively.

Trade and economic partnership reviewed

Beyond AI, the two leaders reviewed the full spectrum of India-Switzerland ties, including trade and investment, science and technology, innovation, skill development, and people-to-people exchanges.

Economic cooperation featured prominently in the discussions. Both sides welcomed the momentum following the implementation of the India-European Free Trade Association Trade and Economic Partnership Agreement. Switzerland is a member of the European Free Trade Association, and the agreement is expected to boost trade and investment flows between India and EFTA countries.

President Parmelin said economic relations have gained fresh dynamism since the agreement’s rollout. He also indicated that a bilateral investment treaty could further encourage Swiss investment in India while supporting sustainable job creation.

Swiss companies are already present in sectors such as engineering, pharmaceuticals and financial services, with both governments identifying opportunities in advanced manufacturing, clean technologies and research collaboration.

Future AI summits and multilateral cooperation

Artificial intelligence remained the central theme of the engagement. Prime Minister Modi welcomed Switzerland’s decision to host the next global AI Summit in Geneva in 2027. President Parmelin said the event would reinforce Switzerland’s role in digital policy discussions and highlight Geneva’s position as a hub of international diplomacy and law.

He added that the 2027 summit would be followed by the 2028 AI Summit to be hosted by the United Arab Emirates, with Switzerland working in partnership.

Referring to previous AI-focused gatherings held in Bletchley Park, Seoul and Paris, Parmelin described the Delhi summit as part of a continuing global effort to shape common principles for AI governance.

Despite the brevity of his visit, the Swiss President said it was important to participate in discussions that would influence the shared future shaped by artificial intelligence.

The meeting reflected India’s growing role in global technology governance debates, while reinforcing Switzerland’s identity as both an innovation hub and a proponent of multilateral cooperation.

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Trump sets fresh ultimatum to Iran, rules out nuclear strike as tensions escalate

Trump says “clock is ticking” for Iran but rules out nuclear weapons, maintaining pressure for a long-term deal.

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Donald Trump statement

Amid rising tensions in the ongoing Iran-US conflict, Donald Trump has issued a new ultimatum to Iran, stating that time is running out for Tehran to reach a deal with Washington.

According to recent media reports, Trump reiterated that while the United States is prepared to continue military pressure, it does not intend to use nuclear weapons in the conflict. He emphasised that Iran has already been significantly weakened through conventional military action.

No urgency for deal, but pressure remains

Despite the “clock is ticking” warning, Trump indicated there is no immediate pressure on the US to finalise a deal. He suggested that any agreement would only be pursued if it aligns with American interests and ensures long-term stability rather than a quick resolution.

This stance reflects a continued hardline approach, where Washington is maintaining strategic pressure while keeping diplomatic options open.

Nuclear option ruled out

In a significant statement, Trump ruled out the use of nuclear weapons in the conflict, calling such a move unnecessary given the current military situation. He stressed that conventional forces have already inflicted major damage on Iran’s capabilities.

Conflict enters critical phase

The Iran-US conflict, which has seen military strikes, naval tensions, and diplomatic efforts, remains at a sensitive stage. While ceasefire efforts and negotiations have intermittently taken place, both sides continue to exchange warnings and prepare for potential escalation.

Recent developments, including maritime tensions and earlier threats targeting infrastructure, underline the fragile situation in the region.

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India-bound tanker among 2 vessels seized by Iran’s Revolutionary Guards amid Hormuz tensions

Iran’s seizure of an India-bound tanker near the Strait of Hormuz signals rising maritime tensions and risks to global oil supply routes.

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Strait of Hormuz

Iran’s Islamic Revolutionary Guard Corps (IRGC) has seized two vessels near the strategically crucial Strait of Hormuz, with one of them reportedly bound for India, intensifying concerns over maritime security in the region.

The development comes amid escalating tensions linked to the ongoing confrontation involving Iran and the United States, which has already disrupted shipping routes and heightened risks for commercial vessels passing through the area.

According to reports, the vessels were intercepted by Iranian forces close to the Strait of Hormuz — a critical chokepoint through which a significant portion of the world’s oil supply transits. The move underscores growing instability in one of the busiest and most sensitive maritime corridors globally.

Separate reports indicate that multiple ships have faced attacks or interceptions in recent days, with at least two vessels taken into custody by Iranian authorities after being targeted near Iranian waters.

The incident follows a series of confrontations at sea, including gunfire and forced halts of commercial ships, as tensions remain high despite attempts at ceasefire arrangements.

The Strait of Hormuz has become a focal point of the broader conflict, with both military actions and retaliatory measures affecting shipping traffic. Any disruption in this region carries global implications, particularly for countries like India that depend heavily on energy imports passing through the route.

India has already been taking steps to safeguard its maritime interests, including enhanced monitoring and security measures for vessels navigating the region.

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Fresh tensions as Iran targets vessel despite ceasefire announcement

Iran fired at a vessel in the Strait of Hormuz shortly after a ceasefire announcement, raising concerns over regional stability.

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Attack on vessel highlights fragile situation in Strait of Hormuz despite renewed ceasefire push

Tensions in the Middle East escalated again after Iran opened fire on a commercial vessel in the Strait of Hormuz, just hours after US President Donald Trump announced a ceasefire extension.

According to maritime security officials, an Iranian Revolutionary Guard gunboat fired at a container ship early on April 22. The vessel was damaged in the incident, but no injuries or environmental damage were reported.

The attack comes amid already heightened tensions in the region, where the strategic Strait of Hormuz — a key global oil transit route — has seen severe disruptions in recent days.

Ceasefire efforts face immediate test

The firing incident occurred shortly after Trump signalled an extension of the ceasefire, reportedly aimed at creating space for renewed negotiations with Iran. However, the latest development has raised concerns about the durability of the truce.

Reports indicate that the Iranian action followed recent US military moves, including the seizure of vessels linked to Tehran and continued naval pressure in the region.

Shipping route remains volatile

The Strait of Hormuz remains a flashpoint, with shipping traffic significantly affected. In recent days, only a handful of vessels have been able to pass through the route, compared to normal volumes, leaving many ships stranded.

The waterway is critical for global energy supplies, handling a significant share of the world’s oil shipments. Any disruption has immediate implications for international markets.

No official response yet

Iran has not officially commented on the latest firing incident. Meanwhile, international observers and maritime agencies continue to monitor the situation closely, warning of risks to crew safety and global trade.

The latest escalation underscores the fragile nature of ongoing diplomatic efforts, with both sides yet to reach a stable agreement.

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