Prime Minister Narendra Modi along with Swiss President Doris Leuthard issued a joint statement today in New Delhi. PM Modi thanked Switzerland for providing support to India's MTCR membership drive. The Swiss President is on a three-day visit to India. In the event, the two political leaders witnessed the exchange of two memorandum of understandings (MoUs), including one between Konkan Railway Corporation Limited (KRCL) and the Swiss Federal Institute of Technology, Zurich, while the other one is on Technical Cooperation in Rail Sector, as per Press Information Bureau (PIB). After the MoUs were exchanged, PM Modi lauded the relations between the two nations. "Madam President, you are visiting India when we are celebrating 70 years of independence and 70 years of Indo-Swiss Treaty of Friendship and Establishment," said PM Modi, according to news agency ANI. He further thanked Switzerland for extending continuous support for the NSG membership. PM Modi underlined the importance of fighting illicit financial transactions. PM Modi raised concern over requirements of transparency in financial transactions, across the globe. He said it needs attention and for this, there is complete coordination with Switzerland. He said, "Today, for the world, bringing transparency in financial transactions has become a problem. Our cooperation with Switzerland is ongoing." (Aaj duniya ke saamne financial transaction mein transparency chinta ka vishay hai. Iss ke liye Switzerland ke saath sahyog jaari hai) To this the Swiss president replied, "We have one of the strongest laws on money laundering & we would be happy if other countries follow Switzerland." "Switzerland is and will be an important financial place. We have all interest to be transparent, cooperative and be a good reliable partner," Swiss President added. PM also spoke about Ayurveda, he said, "I am happy that Switzerland has recognized Ayurveda and is interested for more cooperation in this field." The Swiss President on her part, said that she has come to India with 30 representatives of business society. She expressed interest in partnering India in several government initiatives. "We can be a relevant and a reliable partner in programs like Skill India, Digital India, Clean India, Startup India and Smart cities," said President Leuthard. Earlier, PM Modi and Swiss President had held extensive talks, covering the entire spectrum of their bilateral relationship, including ways to boost trade and investment ties, said a PTI report quoting officials. The two leaders also deliberated on regional and global issues of mutual interest.