Prime Minister Narendra Modi and Hereditary Prince Alois discussed trade, technology and skills as both sides look to build on the India-EFTA trade pact.

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• Prime Minister Narendra Modi held talks with Hereditary Prince Alois of Liechtenstein at Hyderabad House in New Delhi on Tuesday, October 27.
• The meeting took place during Liechtenstein's first state visit to India, which runs from October 25 to 28.
• Prince Alois is the Hereditary Prince and Acting Head of State of Liechtenstein, which is why India treated the visit as a state visit.
• President Droupadi Murmu and PM Modi received the Prince and Hereditary Princess Sophie at a ceremonial reception at Rashtrapati Bhavan.
• External Affairs Minister S Jaishankar called on the Prince and said the partnership has strong momentum driven by opportunities under the India-EFTA TEPA.
• The leaders reviewed the full spectrum of relations and discussed deeper cooperation in trade and investment, innovation, science and technology, skill development and people-to-people ties.
• The two sides also discussed talent mobility and the possibility of a double taxation avoidance agreement.
• They reaffirmed their commitment to reforming and strengthening multilateral institutions, including the United Nations.
• The India-EFTA Trade and Economic Partnership Agreement was signed on March 10, 2024 after nearly 16 years of talks and came into force on October 1, 2025.
• Under the pact, the EFTA states of Iceland, Liechtenstein, Norway and Switzerland are looking at investing USD 100 billion in India over 15 years.
• This is Prince Alois's second visit to India this year, after a bilateral meeting with Modi on the sidelines of the India AI Impact Summit in February.
• The visit builds on the momentum of the trade pact, which is a key pillar of the growing economic relationship between the two countries.