Thursday, Oct 02, 2014

FM says received reply from Swiss on information sharing

Press Trust of India | New Delhi | Posted: April 27, 2014 3:36 am

India and Switzerland are discussing ways to share information on specific accounts relating to black money stashed in the European nation, finance minister P Chidambaram said here on Saturday.

He added that he received a reply on his letter from his Swiss counterpart and will send India’s response in the next few days.

“This is a matter where the Swiss minister and I are discussing with each other how information into specific account (relating to black money) can be provided by the Swiss government to Indian government,” Chidambaram said while replying to a media query at the AICC headquarters.

On his letter to Swiss finance minister Eveline Widmer-Schlumpf for revealing information on bank accounts in Switzerland, he said, “We have got a reply. I got a reply a week ago and we are working on a further letter now.”

As regards content of the letter, he said, “It’s a long reply and the minister has defended the Swiss position in some matter.

The minister has made conciliatory statement in one of the matters. The reply is being studied very carefully and we will send further letter in the next few days.”

In his two-page letter to Swiss Minister in March, Chidambaram had threatened to drag the European nation to multilateral foras like G20 for continuing to block India’s requests for information.

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