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πŸ“° News ⏱ 2 min
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Key Points

6 points
1

The India–European Free Trade Association partnership came into force in October 2023.

2

Investment goal: $100 billion, creating one million direct jobs.

3

Key sectors: agriculture, medicines, textiles, engineering, biotechnology, life sciences, sustainability.

4

Infrastructure cooperation includes ropeways, airports, railways, and mountain tunnels.

5

Science collaboration will involve health, clean energy, and space research with the University of Zurich.

6

Mobility agreements open pathways for Indian youth to study, work, and exchange ideas in Switzerland.

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Summary

The agreement covers sectors such as agriculture, pharmaceuticals, textiles, engineering, biotechnology, and clean energy.

Both countries will collaborate on infrastructure projects, defence, nuclear energy, and joint scientific research including health and space.

New mobility and youth agreements will allow Indian students, researchers, and professionals greater opportunities in Switzerland.

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New Words to Learn

11 words
partnership
working together as friends
investment
money put into projects to help them grow
direct jobs
positions where people work directly for a company or project
ropeway
a cable system that carries people or goods high above the ground, like a big ski lift
sustainability
using resources in a way that does not hurt the Earth
capacity building
helping people learn new skills and grow stronger
prosperity summit
a meeting where leaders discuss how to make both countries richer and more successful
defence
protecting a country, like the army
nuclear energy
power made from tiny particles inside atoms
biotechnology
using living things to make new medicines or foods
life sciences
the study of living things like plants, animals, and people
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