Swiss Ambassador Lauds Good, Fruitful Relations with RP

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Swiss Ambassador to the Philippines Dr. Peter Sutter lauded the good bilateral relations between the Philippines and Switzerland, saying that it has been “fruitful and enriching” despite the global economic turmoil.The Federal Republic of Switzerland has just celebrated its 718th founding anniversary last week.“The strong involvement of our citizens in a political decision-making process has been the key element in the development of Switzerland from a poor country to a wealthy nation with a highly competitive global economy,” Sutter said, adding that “in this time of economic turmoil, however, Switzerland also feels the effect of the global recession.”“At least for the Philippines, Swiss relations for the past 12 months had been fruitful and enriching,” Sutter said.He said it was in August 2008 when then-Swiss President Pascal Couchepin became the first Swiss president to visit the Philippines.“His visit offered excellent opportunities for state of bilateral relations,” Sutter said, stressing that bilateral agreements between the two countries covered economic, legal affairs and social exchanges.“The agreements provide the solid framework for mutually beneficial relations, in particular, illustrated by more than 60 Swiss companies operating in the Philippines,” Sutter said, adding that it “showed confidence in the Philippines as a location for foreign investment. …