Karachi, 9 July 2023 (TDI): The Minister of Foreign Affairs of the Swiss Confederation, Federal Councillor Ignazio Cassis, and his delegation visited Archroma Group in Karachi, marking a significant milestone in bilateral relations and recognizing Archroma’s position as a symbol of Swiss excellence.
The visit aimed to strengthen ties and explore collaboration opportunities between Switzerland and Archroma Group, a prominent chemical company in the textile industry known for its innovative and sustainable solutions.
Archroma Group – a Catalyst for Swiss Excellence
Archroma Group embodies Swiss values of excellence, competitiveness, innovation, and sustainability.
It has also revolutionized the textile industry through its advanced solutions and technologies.
The company has set new standards and promoted sustainable practices, catalyzing innovation and sustainability. Minister Cassis acknowledged Archroma Group’s significant contributions to the industry.
Very proud to visit with my delegation the Swiss 🇨🇭#chemical company @archromagroup in Karachi, which is a leading innovator in the textile industry. A symbol of Swiss excellence: competitive, high-tech and #sustainable. pic.twitter.com/Rp1ePIkMu4
— Ignazio Cassis (@ignaziocassis) July 9, 2023
During the visit, the Swiss delegation engaged in meetings, facility tours, and discussions with Archroma Group’s leadership and team.
These activities provided insights into Archroma Group’s advanced technologies and sustainable practices, fostering knowledge-sharing and discussions on the future of the textile industry.
The purpose was to strengthen bilateral relations and explore collaboration opportunities.
Switzerland-Pakistan Relations
Switzerland and Pakistan share a longstanding and positive bilateral relationship, characterized by strong diplomatic and economic ties.
The countries have signed various agreements on investment protection, debt consolidation, aviation, and double taxation.
Switzerland is a top foreign direct investor in Pakistan, with major Swiss companies employing thousands of people in the country.
Trade between the two nations is significant, with Swiss exports primarily consisting of machinery, chemicals, pharmaceutical products, and watches, while imports from Pakistan include textiles, leather articles, and agricultural products.
Switzerland actively supports international standards to combat illicit financial flows and has implemented measures to ensure the integrity of its financial center.
Also Read: Pakistan Exploring Textile Industry Partnership with Switzerland
Cooperation in Education, Research, and Innovation
Cooperation in education, research, and innovation between Switzerland and Pakistan is also prominent. Joint events and opportunities, such as the Swiss Government Excellence
Scholarships, facilitate collaboration among researchers and artists from both countries.
Switzerland has previously provided Pakistan with development cooperation and humanitarian aid, including assistance during the Covid-19 crisis.
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