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Business & Finance

10th Round of Pakistan-Switzerland Bilateral Political Consultations held

03 ISLAMABAD: The 10th Round of Bilateral Political Consultations between Pakistan and Switzerland was held in Berne
Published February 28, 2018

03

ISLAMABAD: The 10th Round of Bilateral Political Consultations between Pakistan and Switzerland was held in Berne on Feb, 26-27 where two sides reviewed all aspects of bilateral relations, including political economic trade, investment and cooperation in the fields of education, science and technology, agriculture and defence.

Ambassador Zaheer A. Janjua, Additional Secretary (Europe), led the Pakistan delegation, while the Swiss side was headed by Ambassador Johannes Matyassy, Assistant State of Secretary for Asia and Pacific Division, Federal Department of Foreign Affairs (FDFA), said a message received from foreign office here on Wednesday.

They also discussed multilateral cooperation on key areas of interest and exchanged views on important global and regional developments.

Additional Secretary (Europe) briefed the Swiss side on the progress made by the government on strengthening democracy, reviving the economy and improvement in law and order situation in the country. The successes achieved in the fight against terrorism were also highlighted, FO said.

Both sides recognised the vast potential of the two economies for mutually beneficial cooperation. They agreed to take concrete steps, including exchange of business delegations and supporting SMEs, to further enhance and expand bilateral economic and commercial interaction. Bilateral trade between Pakistan and Switzerland crossed US$ 500 million in 2017.

Pakistan and Switzerland enjoy close and friendly relations, and cooperate closely at multilateral fora. Switzerland is an important development partner of Pakistan.

The mechanism of Bilateral Political Consultations provides a useful platform to review bilateral relations and discusses future areas of cooperation. The next session of the Consultations will be held in Islamabad at mutually convenient dates in 2019.

Copyright APP (Associated Press of Pakistan), 2018

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