Switzerland and Bangladesh celebrate 50 years of friendship

Press releases, 13.03.2022

13 March 2022 marks the 50th anniversary of diplomatic relations between the Swiss Confederation and the People’s Republic of Bangladesh. On this day five decades ago, Switzerland officially recognized Bangladesh as an independent State. To commemorate this very significant milestone, the President of the Swiss Confederation, H.E. Mr. Ignazio Cassis, extended his greetings to the Hon’ble President of the People’s Republic of Bangladesh, H.E. Mr. Md. Abdul Hamid, and the Hon’ble Prime Minister, H.E. Ms. Sheikh Hasina.   

In his congratulatory message, the President of Switzerland, Ignazio Cassis, emphasized the longstanding collaboration between the two countries in many domains as well as the continuous broadening and deepening of bilateral ties. Highlighting our stronger than ever partnership, Ignazio Cassis underlined key areas of future collaboration, including COVID-19 recovery, peace and prosperity, climate change and sustainable development.

Over the last five decades, Switzerland has been a reliable development and economic partner of the people and the Government of Bangladesh. Switzerland has invested over CHF 1.2 billion (~US$ 1.3 billion) in development assistance in the country, with significant additional contributions channelled through international financial institutions. Switzerland’s development cooperation focuses on innovative projects benefitting the most vulnerable. Bilateral trade has increased rapidly and today, traded goods amount to over CHF 1 billion (~US$ 1.1 billion) per year. Most Swiss multinational companies are present in the country and provide critical products, technologies and services in various key socio-economic sectors. Being a candidate for a non-permanent seat on the UN Security Council, Switzerland aims at further broadening its engagement with Bangladesh also in multilateral fora to tackle global peace and security challenges.