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India, Switzerland Discuss Information Sharing on Black Money

Black money has been a major issue in India and banks in Switzerland have long been perceived as one of the safest havens to park such funds due to their their famed secrecy walls for years.

India and Switzerland today discussed the activation of automatic exchange of information relating to black money stashed by Indians in secret accounts in Swiss banks.

The issue figured prominently during talks between External Affairs Minister Sushma Swaraj and her Swiss counterpart Ignazio Cassis here, officials said.

Read it at DNA

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