AGP Executive Report

Investment Framework: India and Liechtenstein will consider a proposed tax treaty intended to give businesses greater certainty and support investment. Technology Ties: During Hereditary Prince Alois’s state visit, leaders discussed expanding cooperation in science, innovation and technology, with advanced manufacturing, artificial intelligence, medical technology, space and clean technologies among the areas flagged for closer work under the India–EFTA trade pact.

India–Liechtenstein Technology Links: During Hereditary Prince Alois’s state visit, Prime Minister Narendra Modi and President Droupadi Murmu highlighted opportunities to expand cooperation in technology, innovation, advanced manufacturing and skills, building on the India–EFTA trade pact. Investment Framework: Officials discussed a proposed tax-avoidance agreement to give Liechtenstein companies greater certainty investing in India. The talks also covered vocational training and business partnerships, with India seeking Liechtenstein investment in technology, manufacturing and financial services.

India–Liechtenstein Technology Ties: Hereditary Prince Alois met Prime Minister Narendra Modi in New Delhi, with both sides discussing science, technology, innovation, trade and investment. Alois said they see strong potential in advanced manufacturing and technology, building on the India–EFTA trade agreement; Foreign Minister S. Jaishankar also discussed expanding cooperation under the pact. EFTA Supply Chains: A new Vietnam–EFTA trade deal could help Vietnamese electronics and engineering firms access advanced European manufacturing technologies and join high-tech supply chains. Liechtenstein is among the four EFTA members. Livestock Health: Shamonda virus has been detected in farm animals in Liechtenstein and other European countries. France has reported the first known human infection, in a severely immunocompromised patient who died; authorities say no wider public-health risk has been identified.

India–Liechtenstein Tech Ties: Hereditary Prince Alois arrived in New Delhi after visiting Gujarat with a business delegation. Talks with Prime Minister Narendra Modi are expected to cover science, technology and innovation, alongside investment in clean energy, advanced manufacturing and precision engineering. Livestock Health: Shamonda virus has been detected in farm animals in Liechtenstein and other European countries. France’s first reported human infection was in a severely immunocompromised patient; authorities say no wider public health risk has been identified. Digital Finance: Vaduz-based NORVAULT extended the offer and tender timetable for its euro-denominated tokenised notes, with the initial issue closing scheduled for November 19.

India Tech Ties: Hereditary Prince Alois arrived in India with a business delegation ahead of talks with Prime Minister Narendra Modi on science, technology and innovation. The visit builds on the India–EFTA trade agreement. Animal Health: Shamonda virus has been detected in livestock in Liechtenstein and across Europe. France’s first reported human infection was in a severely immunocompromised patient; authorities say no wider public health risk has been identified. Digital Finance: Vaduz-based NORVAULT AG extended the offer period for its euro-denominated tokenised notes, giving investors more time to complete onboarding and settlement. Vietnam Partnerships: Liechtenstein is part of the newly signed EFTA–Vietnam trade deal, which aims to expand trade and open opportunities for investment, technology and skills cooperation.

India–Liechtenstein Tech Ties: Hereditary Prince Alois began a four-day visit to India on October 25, with talks set to cover science, technology and innovation. A business delegation is accompanying him, as both countries look to deepen ties following the India–EFTA trade pact. Animal Health: Shamonda virus, a livestock infection detected in Liechtenstein and other European countries, has been identified for the first time in a human—in a severely immunocompromised patient in France who later died. Investigations continue, but authorities report no identified risk to the wider public. Cancer Treatment: The EU approved Keytruda with Padcev for adults with operable muscle-invasive bladder cancer; the treatment is also authorised in Liechtenstein. Space Policy: Liechtenstein government representatives joined a Vienna conference on Europe’s space strategy, where speakers called for greater European independence in space.

India Technology Ties: Hereditary Prince Alois begins a four-day visit to India today, with talks set to cover science, technology and innovation alongside trade and investment. A business delegation is joining him as Liechtenstein looks to build on its EFTA partnership with India. Emerging Health Watch: Shamonda virus has been detected in livestock in Liechtenstein and other European countries; France has reported the first known human infection. The patient was severely immunocompromised and died, but investigators have not established whether the virus contributed to the death. Authorities say there is no identified risk to the general public. Digital Finance: Vaduz-based Norvault has extended the offer period for its tokenised secured notes by two weeks, citing investor requests for more time to complete custodian onboarding and settlement. Cancer Treatment: The EU has approved Keytruda plus Padcev for adults with operable muscle-invasive bladder cancer, regardless of eligibility for cisplatin chemotherapy; the authorisation also covers Liechtenstein.

India Tech Talks: Hereditary Prince Alois visits India from October 25–28, with talks set to cover science, technology and innovation alongside trade and investment. Vaduz Digital Finance: Liechtenstein’s NORVAULT AG extended its offer period for tokenised secured notes by two weeks, citing investor requests for more time to complete onboarding and settlement. Livestock Virus Watch: Shamonda virus has been detected in farm animals in Liechtenstein and other European countries. France has reported the first known human infection, in a severely immunocompromised patient who died; authorities say no wider public health risk has been identified.

Zoonotic Disease: Shamonda virus, newly detected in livestock across Liechtenstein and other European countries, has caused its first documented human infection in France. The patient was severely immunocompromised and died; investigators are still examining the virus’s role. Authorities say no wider public health risk has been identified. Digital Finance: Vaduz-based NORVAULT AG extended its offer for tokenised secured notes and a related share tender by two weeks, citing investor requests for more time to complete onboarding and settlement. Cancer Treatment: The EU approved Keytruda with Padcev for adults with resectable muscle-invasive bladder cancer, regardless of cisplatin eligibility; the approval also applies in Liechtenstein. Space Policy: Liechtenstein Government Councillor Hubert Büchel joined European leaders at a Vienna conference calling for a stronger, more independent European space strategy.

Zoonotic Alert: Shamonda virus has been detected in a person for the first time, in France; the severely immunocompromised patient died. The virus is circulating in livestock across Europe, including Liechtenstein, but officials say no wider public health risk has been identified. Transplant Research: A post-authorisation study found 90% of highly sensitised kidney transplant patients treated with Idefirix were free of graft failure after one year. Space Strategy: Liechtenstein joined European space agencies, researchers and industry leaders in Vienna to discuss a stronger, more independent European space strategy. Liechtenstein Crypto: Bitcoin Suisse is using a crypto-asset licence granted by Liechtenstein’s financial regulator to launch trading, custody and staking services in Portugal. Cancer Care: The EU approved Keytruda plus Padcev for certain bladder cancer patients, extending the treatment option to Liechtenstein and other EEA countries.

Animal Health: Shamonda virus, previously known only in livestock, has been detected in a human for the first time in France. The patient was severely immunocompromised and died; the virus has also been found in farm animals in Liechtenstein, but authorities report no wider public-health risk. Space and Research: Liechtenstein government councillor Hubert Büchel joined Europe’s 20th ESPI space conference, where leaders called for a stronger, more independent European space strategy. Technology Partnerships: The EU and Vietnam agreed to deepen cooperation on technology and innovation, building on Liechtenstein’s recent role in the EFTA–Vietnam trade deal. Digital Finance: Swiss crypto firm Bitcoin Suisse has begun offering services in Portugal under a crypto-asset licence granted in Liechtenstein. A survey of Swiss and Liechtenstein financial institutions also found stablecoins and central bank digital currencies are their top expected digital-asset trends. Cancer Care: The EU approved Keytruda with Padcev for adults with muscle-invasive bladder cancer, with the authorization covering Liechtenstein.

Animal Health: Shamonda virus, previously known only in livestock, has been detected in a human for the first time in France; the patient died after being severely immunocompromised. The virus has also been found in farm animals in Liechtenstein, but WHO says the French case is unlikely to spread widely and authorities report no general-public risk. Technology Links: Liechtenstein joined its EFTA partners in signing a free-trade agreement with Vietnam, creating a framework for cooperation in technology, innovation and skills alongside improved market access. Digital Finance: A survey of 25 Swiss and Liechtenstein financial institutions found 80% see stablecoins and central bank digital currencies as key trends, while tokenized funds ranked next at 52%; commercial hurdles are slowing adoption. Crypto Services: Bitcoin Suisse is using a crypto-asset license granted by Liechtenstein’s financial regulator to offer trading, custody and staking in Portugal. Cancer Care: The EU approved Keytruda with Padcev for certain bladder cancer patients, with the authorization also covering Liechtenstein.

Vietnam–EFTA Deal: Signed by Liechtenstein and its EFTA partners, the trade pact with Vietnam could deepen cooperation in technology, innovation and skills, while opening markets for businesses. It still needs to enter into force. Digital Finance: A survey of 25 Swiss and Liechtenstein financial institutions found 80% see stablecoins and central bank digital currencies as major trends over the next three to five years; tokenized funds ranked second. Crypto Expansion: Bitcoin Suisse has launched trading, custody and staking in Portugal, using a crypto-services licence granted by Liechtenstein’s financial regulator. The move extends the principality’s role in regulated digital-asset services.

Crypto Expansion: Bitcoin Suisse began offering trading, custody and staking in Portugal, using a crypto-asset license granted by Liechtenstein’s financial regulator under EU rules. The move targets wealthy clients and institutions. Digital Finance: A survey of 25 Swiss and Liechtenstein financial institutions found 80% expect stablecoins and central bank digital currencies to be major trends over the next three to five years; 52% pointed to tokenized funds, though commercial hurdles are slowing adoption. Trade and Technology: Liechtenstein’s Prime Minister Brigitte Haas wrapped up a Vietnam visit that included a new free-trade agreement between Vietnam and EFTA, the bloc that includes Liechtenstein. The pact is expected to support cooperation in technology, innovation and investment, but still awaits entry into force.

Crypto Expansion: Bitcoin Suisse began offering trading, custody and staking in Portugal on October 20, using a MiCA licence granted by Liechtenstein’s Financial Market Authority. The move extends the firm’s regulated reach into another European market. Digital Finance: A University of St. Gallen survey of 25 Swiss and Liechtenstein financial institutions found 80% expect stablecoins and central bank digital currencies to be major trends over the next three to five years; 52% also pointed to tokenized funds, though commercial hurdles are slowing progress. Vietnam Ties: Liechtenstein joined its EFTA partners in signing a free-trade agreement with Vietnam on October 18. The deal creates a framework for investment and cooperation, including in technology and innovation, following Prime Minister Brigitte Haas’s first official visit to Vietnam.

Crypto Expansion: Bitcoin Suisse launched trading, custody and staking services in Portugal, using a crypto-asset license granted by Liechtenstein’s financial regulator under EU MiCA rules. The firm is targeting wealthy investors and institutions. Trade and Technology: Liechtenstein’s Prime Minister Brigitte Haas wrapped up a landmark Vietnam visit after the countries signed a tax agreement and Liechtenstein joined the EFTA–Vietnam free-trade deal. The pact sets a framework for stronger investment, technology and innovation ties, with potential to connect Liechtenstein firms to Vietnam and ASEAN markets.