Pakistan, Switzerland to enhance cooperation in all spheres

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APP29-18 DAVOS: January 18 - Prime Minister Muhammad Nawaz Sharif in a meeting with President of Swiss Confederation Doris Leuthard. APP

 

 

Pakistan and Switzerland while noting the rich potential of their bilateral ties called for exploring new avenues of cooperation for mutual benefits.

Prime Minister Muhammad Nawaz Sharif expressed his desire to strengthen relations with Switzerland in a meeting with President of the Swiss Confederation Doris Leuthard here on the sidelines of the 47th Annual Meeting of the World Economic Forum (WEF).

Nawaz Sharif is here to meet world leaders and heads of top corporate companies and share with them Pakistan’s success story.

The Prime Minister said he deeply values relations with Switzerland which were based on mutual cooperation, amity and trust.

The PM said Switzerland’s objective, non-discriminatory and criteria-based approach on NSG membership was commendable.

“We hope that as part of the NSG troika, Switzerland would continue to maintain this principled stand, especially when it takes over the chair of the group later this year.”

“We believe that security of Pakistan is directly linked to peace and stability in Afghanistan,” Sharif added. He said Pakistan has continued to host millions of Afghan refugees for more than three decades.

The Swiss President lauded the role played by Pakistan in giving refuge to over three million Afghans on its soil and said Pakistan should continue to play its role in promoting good relations with Afghanistan.

He said the international community should take notice of the gravity of the situation and urge India to respect human rights of the people of Kashmir and implement the UN Security Council resolutions on Jammu and Kashmir.

The Prime Minister appreciated efforts of the Swiss-Asian Chamber of Commerce, Swiss Global Enterprise (SGE) and Swiss Business Council (SBC) for introducing Pakistan to the Swiss business houses, especially the Swiss SMEs.

He also thanked the Swiss government for offering postgraduate scholarships to students from Pakistan at various public universities in Switzerland.

She said Pakistan was progressing on the right track and said she appreciates the economic map being pursued by his government to promote stability in Pakistan and in the region. She said the people of Pakistan and its armed forces have given great sacrifices against terrorism.

Switzerland currently ranks fifth in terms of foreign direct investment (FDI) in Pakistan. It has traditionally run a trade surplus with Pakistan and has been one of the country’s biggest direct investors for many years. Many Swiss companies operate in Pakistan, some with their own production sites. These firms are mainly based in Karachi and employ around 12,000 people.