Cooperation with Switzerland: Alvi says FTA to provide formal framework – Business & Finance & More News Here

ISLAMABAD: President Dr Arif Alvi mentioned that the Free Trade Agreement (FTA) would provide a formal framework for enhanced and speedy cooperation within the fields of commerce, economic system, and commerce between Pakistan and Switzerland.

“There is [a] need for the expeditious signing of the mutually agreed upon FTA between Pakistan and Switzerland after taking all stakeholders on board”, the president made these remarks whereas speaking to the outgoing Ambassador of Switzerland in Pakistan, Bénédict de Cerjat, who paid a farewell name on him, at Aiwan-e-Sadr, on Thursday.

Talking to the ambassador, the president mentioned that the world neighborhood ought to take severe discover of the rising Islamophobia and polarization in Indian society. He known as upon the worldwide neighborhood to take significant steps for curbing the incidents of intimidation and terrorization of minorities in India, and violence related with Islamophobia to mitigate the sufferings of Indian Muslims and different non secular minorities.

The president emphasised that refugees originating from any a part of the world ought to be handled with fairness and equality and ought to be prolonged with services and refuge with none discrimination on the premise of color, creed, race, faith or area.

He additional urged the necessity for taking sensible steps by the worldwide neighborhood to assist defuse tensions and unrest in battle-ridden nations, apart from creating enabling circumstances for peace to stop their populations from turning into refugees to cut back the stress on receiving nations.

The president mentioned that Pakistan may gain advantage from the Swiss expertise in technical training and coaching within the tourism and hospitality sectors. He hoped that the outgoing ambassador would work towards realizing the complete potential of tourism-associated cooperation between the 2 nations.

The president mentioned that Pakistan valued Switzerland’s lengthy-time period partnership with Pakistan within the economic system, commerce and commerce, and appreciated its contributions in direction of the socio-financial growth of the nation in addition to the humanitarian help offered by Switzerland.

The president felicitated the outgoing Ambassador on finishing a profitable tenure in Pakistan and appreciated his efforts for the promotion of bilateral relations between the 2 nations, particularly in selling a smooth picture of Pakistan by way of social media.

It is value mentioning that Switzerland is the sixth-largest investor in Pakistan within the fields of meals processing, prescribed drugs, chemical substances and engineering sectors.

Copyright Business Recorder, 2022

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