Historic Meeting at AI Impact Summit
New Delhi, India – Prime Minister Narendra Modi of India and HSH Prince Alois, Hereditary Prince of Liechtenstein, met on February 20, 2026, in New Delhi to strengthen bilateral cooperation, particularly in high-value manufacturing, advanced technologies, and innovation-driven sectors. The significant meeting took place on the sidelines of the AI Impact Summit 2026, a global gathering focused on the future of artificial intelligence.
The leaders reaffirmed the cordial and friendly bilateral relations between India and Liechtenstein, emphasizing a shared commitment to expanding mutually beneficial collaboration.
Boosting Economic Engagement through TEPA
A key point of discussion was the recent entry into force of the India–TEPA Free Trade Agreement in October 2025. Both leaders expressed confidence that this agreement would provide a fresh impetus to bilateral economic engagement.
The TEPA is projected to facilitate a substantial US$100 billion of investment into India over the next 15 years. This landmark agreement underscores the growing economic ties and potential for increased trade and investment flows between the two nations.
Focus on Advanced Technologies and Innovation
During their discussions, Prime Minister Modi and Prince Alois specifically agreed to deepen collaboration in several critical areas:
- High-value manufacturing
- Advanced technologies
- Innovation-driven sectors
This aligns with India's strategic push to strengthen its manufacturing base and expand its footprint in cutting-edge industries. Liechtenstein, known for its strong financial sector and high-technology manufacturing base, is seen as a significant partner in this endeavor.
The AI Impact Summit 2026: A Global Platform
The meeting between the two leaders occurred amidst the India AI Impact Summit 2026, hosted by the Government of India under the IndiaAI Mission, in collaboration with the Ministry of Electronics & Information Technology (MeitY). The summit, held at Bharat Mandapam, New Delhi, from February 16 to 21, 2026, was inaugurated by Prime Minister Modi on February 19, 2026.
The summit's overarching theme is 'Shaping AI For Humanity, Inclusive Growth & a Sustainable Future,' bringing together policymakers, researchers, industry leaders, startups, civil society, and international organizations to discuss the transformative potential and governance of artificial intelligence.
5 Comments
Raphael
More focus on AI tech, less on basic infrastructure problems.
Michelangelo
The TEPA agreement is a game-changer for India's growth.
Raphael
Forging tech ties is vital for India's future, yet the article doesn't detail how these advanced technologies will be integrated responsibly, especially concerning job displacement from automation. A clear strategy for workforce reskilling is essential.
Donatello
Great news for India's economy and tech sector!
Raphael
India leading the way in AI and global collaboration!