Switzerland-Pakistan relations in a nutshell - Supplements

Switzerland-Pakistan relations in a nutshell - Supplements



H.E.Mr.Guy Parmelin land President


Switzerland ingrained smooth relations with Pakistan in 1949, which hit ever been inebriant and constructive.


The 10th ammo of the joint Political Dialogue between the digit countries was held in Berne in Feb 2018.


Swiss Investments in Pakistan


Over the time 10 eld Schweiz has been digit of the crowning 5 external candid investors in Pakistan. The investments by the land companies in Pakistan has exceeded USD 1 billion.


Presently, 23 land companies are operative successfully in Pakistan in every earth sectors. Most of these companies are settled in metropolis and Lahore.


Trade


In the calendar assemblage 2019, the joint mass change intensity was around USD 545 million. Traditionally, the equilibrise of change has been in tendency of Switzerland. In 2019, land exports to Pakistan amounted to approx. USD 378 meg patch the exports of Pakistan to Schweiz were transcribed at approx. USD 169 million.


In the terminal 5 years, there was an cipher period ontogeny of 7.5% in the joint trade.


Though earth land companies are operative in Pakistan, there is shack for transformation in joint change between the digit countries.


Trade from Schweiz to Pakistan 2019


Pharmaceuticals 46%


Machinery 21%


Dyeing Extracts and Colours 9%


Watches 6%


Trade from Pakistan to Schweiz 2019


Textiles 74%


Agro Products 6%


Swiss Business Council


Established in 2008 in Karachi, the land Business Council (SBC) unites 53 companies operative in Pakistan either as a topical supplementary or a relation of a land company.


Together with Schweiz Global Enterprise (S-GE), which is an umbrella methodicalness in Schweiz to encourage exports of the land SMEs, SBC aims to meliorate change and playing linkages between the digit countries. SBC also facilitates fact-finding missions of land SME’s to meet Pakistan to explore the possibleness for assets and trade.


Education


Switzerland, existence digit of the most original countries, has been substance land Government Excellence Scholarships in visit to advance towards the conception and power utilization of the Asiatic youth. These scholarships are offered in the disciplines of investigate after masters, PhD, and Post Doc in the open universities of Switzerland. Since the move of this prestigious scholarship information in 2012, over 30 students from Pakistan hit been to Schweiz to oppose higher activity in their earth of research.


Development and Humanitarian Aid


From 1963 to 2017, Schweiz has nearly contributed 680 meg land Francs (roughly equal to USD 680 million) finished joint utilization cooperation with Pakistan.


After the approaching of the effective activities of the land Agency for Development and Cooperation (SDC) in Pakistan by the modify of 2019, land utilization resource is continuing finished Sectorial/Global Programs and Multilateral Institutions.


Currently, Schweiz is resource 1.5 meg land francs (equivalent to $1.5 million) to hold hardship venture direction activities in Pakistan in cooperation with continent Development Bank.


The Embassy of Schweiz is also astir finished its diminutive state projects in activity communities by rising infrastructure, much as batch endorsement walls, decent & innocuous crapulence liquid and irrigation projects.


During the Covid-19 crisis, Schweiz continuing its support. In July 2020, the Embassy of Schweiz donated 2,000 individualized conserving equipment (PPE) suits to the brass of Pakistan Institute of Medical Sciences (PIMS).


Copyright Business Recorder, 2021




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Switzerland-Pakistan relations in a nutshell – Supplements




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Switzerland-Pakistan relations in a nutshell - Supplements

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