Improving relation: Switzerland looks to harness Pak potential

Envoy stresses strengthened bilateral ties.

KARACHI:
Deputy Head of Mission Embassy of Switzerland Roger Kull has said that Pakistan with a population of more than 190 million consumers holds a huge potential but this largely remains untapped as this can only be realised in a positive investment climate.

“Substantial improvements have to be achieved in key areas such as security, good governance and energy supply,” he said while speaking at a meeting during his visit to the Karachi Chamber of Commerce and Industry (KCCI).

Kull appreciated the tireless efforts being made by the Swiss Consulate in Karachi under the supervision of Consul General Emil Wyss, who was also present in the meeting, in strengthening trade relations between the two countries.

He was of the view that economic ties between Pakistan and Switzerland were built on solid ground and the volume of trade between the two countries has been significant in recent years.




He noted that currently 24 companies are operating successfully in Pakistan with a substantial stake in the economy whereas this year, two more Swiss-based multinational companies Mövenpick and Givaudan have entered Pakistan.

He also said that besides trade, Switzerland was also associated with Pakistan through its aid related activities via Swiss Agency for Development and Cooperation (SDC) since 1966. Until 1980, SDC supported vocational education and training in the fields of agriculture, horticulture, forestry, community village development and hydropower.

“In the 90s, the focus was shifted to assisting small enterprises, sustainable land usage, community infrastructure and human rights. Today, we are more concentrating our efforts on the northern part of the country, particularly Fata and Khyber-Pakhtunkhwa,” he added.

Published in The Express Tribune, December 2nd, 2014.

Load Next Story