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Black money is no more an issue with India, says Swiss envoy


Swiss ambassador to India Dr Ralf Heckner has said black money is not an issue anymore in financial relations between Switzerland and India, as both sides have already exchanged several batches of information.


In an interview with ANI, Ralf Heckner explained that he has been the Swiss ambassador for more than two years but he heard hardly anything about black money.

"The black money issue has been dealt with by a bilateral treaty between Switzerland and India in 2018 on the automatic exchange of bank information between Switzerland and India. We had several batches of information exchange between Switzerland and India, so the black money issue isn't the issue anymore. There is not even one cloud over bilateral relations when it comes to financial relations," he said.


Read more at: https://economictimes.indiatimes.com/news/india/black-money-is-no-more-an-issue-with-india-says-swiss-envoy/articleshow/96855447.cms

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