Pakistan, Switzerland scale up bilateral cooperation
MG News | June 22, 2026 at 10:33 AM GMT+05:00
June 22, 2026 (MLN): Pakistan and Switzerland discussed expanding bilateral
investment ties and explored new avenues for economic cooperation, with the two
sides expressing keenness to deepen engagement in pharmaceuticals, tourism,
information technology, cybersecurity, and climate change and disaster risk
reduction.
Prime Minister Shehbaz Sharif and Swiss Vice President and Foreign
Minister Ignazio Cassis held a meeting on the sidelines of ongoing
technical-level talks between the United States and Iran at Burgenstock,
Switzerland.
Prime Minister Sharif appreciated sustained Swiss investment in Pakistan
and expressed hope that Swiss companies would further scale up their footprint
in the country, according to a press release issued.
Pakistan also offered to provide highly skilled IT and cybersecurity
professionals to Switzerland to meet the country's growing demand in these
sectors.
Foreign Minister Cassis lauded Pakistan's mediation role in steering the
negotiation process that culminated in the signing of the Islamabad Memorandum
of Understanding between Iran and the United States, and conveyed Switzerland's
willingness to contribute to and assist the follow-up process.
Prime Minister Sharif highlighted that successful implementation of the
Islamabad MoU would pave the way for regional peace and global economic
stability.
Prime Minister Sharif also extended an invitation to Foreign Minister
Cassis to visit Pakistan at mutually convenient dates.
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