Swiss Business Council Ten Years In Pakistan

Swiss Business Council Ten Years In Pakistan

Swiss Business Council Ten Years In Pakistan: The Consulate General of Switzerland in Karachi in collaboration with the Swiss Business Council hosted an exclusive event at the Swiss Consul General’s residence to mark the 10th anniversary of the establishment of the Swiss Business Council (SBC) in Pakistan.

Diplomats, senior management of Swiss and other multinational companies, and leading businessmen participated in the event.

The Consul General and Patron of the SBC – Philippe Crevoisier in his welcome address to participants, said that only if Pakistan is able to present to the international community the country’s on-ground realities and business potential, many more foreign investors will consider investing in Pakistani market.

Swiss-Pak bilateral trade (CHF 518.5 Million in 2017) is promisingly increasing for the past three years.

The Consul General also commended Swiss Business Council’s efforts to further improve commercial ties between the two friendly countries.

Swiss Business Council Ten Years In Pakistan
Swiss Business Council Ten Years In Pakistan

Prominent Achievement: Council’s partnership with Switzerland Global Enterprise (S-GE); equivalent of Trade Development Authority of Pakistan and Board of Investment

SBC’s President – Mr. Farhat Ali who is also the Council’s founding President and Chairman of the Board and Executive Managing Director of Polygal N.V. in Pakistan gave an overview of the Council’s achievements over the past decade most prominent of which is the Council’s partnership with Switzerland Global Enterprise (S-GE); equivalent of Trade Development Authority of Pakistan and Board of Investment.

Swiss Business Council with support from S-GE is committed to link Swiss and Pakistani companies.

Swiss companies in the past ten years have invested CHF 1.5 Billion in Pakistan making Switzerland stand among top ten foreign director investors.

Major exports from Switzerland to Pakistan are pharmaceuticals, textile machines, and watches.

Main Pakistani exports to Switzerland are textiles, and agro-foods.

About Swiss Business Council

Swiss Business Council (SBC) is a non-profit organization, registered with Securities & Exchange Commission of Pakistan and partner of Switzerland Global Enterprise (S-GE), (S-GE is a trade & investment promotion authority of Swiss Govt.); SBC is patronized by the Embassy of Switzerland in Islamabad and the Consulate General of Switzerland in Karachi, has an alliance with Swiss-Asian Chamber of Commerce & associate of Asia Society Switzerland Foundation in Switzerland.

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