Context
Swiss President Guy Parmelin announced Geneva will host the 2027 AI Impact Summit, stressing AI governance should not be dominated by the U.S. and China (who control ~70% of global AI industry).
EFTA (European Free Trade Association)
• Switzerland, Norway, Iceland, Liechtenstein
• Focus: free trade & global FTAs
• Members negotiate independently (not EU members)
India–EFTA TEPA (2024)
• Trade & Economic Partnership Agreement
• EFTA commits $100+ billion long-term investment in India (15 years)
• Focus: AI cooperation, innovation, skill development, tech transfer
Upcoming AI Summits
• 2027 – Geneva, Switzerland
• 2028 – UAE



