Prime Minister Narendra Modi interacts with Swiss Confederation President Guy Parmelin, on the sidelines of the India AI Impact Summit 2026, in New Delhi.

Prime Minister Narendra Modi interacts with Swiss Confederation President Guy Parmelin, on the sidelines of the India AI Impact Summit 2026, in New Delhi.
| Photo Credit: PTI

The subsequent Artificial Intelligence (AI) Impact Summit in 2027 will be held in Geneva, introduced Switzerland’s President Guy Parmelin, making a pitch for smaller nations to “come together” to make sure good governance of AI growth, so it’s not held in the arms of some “big powers”. Mr. Parmelin, who additionally met with Prime Minister Narendra Modi for bilateral talks on Thursday (February 19, 2026) on the sidelines of the AI summit in New Delhi, stated they’d mentioned cooperating in innovation on synthetic intelligence, multilateral cooperation, and commerce ties after the conclusion of the India-EFTA commerce settlement in 2024. 

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“Switzerland is looking forward to hosting the 2027 AI Summit in Geneva — and to working with the subsequent incoming host of the 2028 AI Summit, the United Arab Emirates, as partner for the Geneva Summit,” Mr. Parmelin advised journalists at Switzerland’s “Country Pavilion” on the Bharat Mandapam complicated after the plenary session. “It will also consolidate our role as a leading centre for innovation and research in AI,” he added, saying that the following summit would give attention to worldwide legislation elements of AI. 

When requested concerning the domination of the 2 huge AI gamers U.S. and China, who collectively account for greater than 70% of the worldwide AI business, Mr. Parmelin stated smaller nations ought to “organise” collectively and construct infrastructure, whereas recognising particular technological breakthroughs in most of the different nations.

Good governance

“It is very important that we work together so that the [technological future of the world] is not just in a few hands of big powers,” Mr. Parmelin stated in response to a query from The Hindu. “We know some countries have taken a way forward, and it’s very important that good governance is brought to everyone. Notably, countries like South Korea, France, Switzerland, need to work together to bring good governance to other countries,” he added.

In an announcement after his assembly with Mr. Modi, the Ministry of External Affairs (MEA) stated each leaders had mentioned the advantages of the Trade and Economic Partnership Agreement (TEPA) between India the four-nation European Free Trade affiliation (EFTA) for bilateral commerce.

“Both sides agreed to further strengthen collaboration in innovation-led growth, joint research, sharing of best practices, and capacity building through training and skill development initiatives,” the MEA assertion stated.

Mr. Modi welcomed plans to carry the Fifth Summit in Switzerland. Since the primary summit in the U.Ok. in 2023, AI Impact Summits have been hosted by South Korea, France, and India.



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