Switzerland’s commitment to humanitarian aid, peacebuilding efforts, and support for Ukraine will remain unaffected by the cuts.
Switzerland has decided to gradually end its bilateral development cooperation with Bangladesh, Albania, and Zambia by 2028. This decision was announced in a media statement from Switzerland's Federal Council on Wednesday. The statement outlined how the Swiss Parliament's decision to reduce international development cooperation will be implemented.
In what comes as a double blow to Bangladesh, the Swiss government also decided to cut foreign aid to Dhaka following Trump's action to halt support for the South Asian country. The decision will also impact two other countries—Albania and Zambia.
These reductions will affect bilateral, economic, and thematic cooperation, as well as multilateral organisations
Bangladesh Chief Adviser, Professor Muhammad Yunus, participated in at least 47 formal events at the WEF, including with four heads of government or state.
DAVOS, Switzerland (Reuters) - The head of Bangladesh's interim government, Nobel laureate Muhammad Yunus, said on Thursday that his country's high growth under ousted Prime Minister Sheikh Hasina was "fake" and faulted the world for not questioning what he said was her corruption.
Bangladesh interim government chief adviser Professor Muhammad Yunus on Wednesday sought support from foreign friends to bring back billions of dollars stolen from the country as he spent a busy day at the World Economic Forum in Davos,
Bangladesh's interim leader Muhammad Yunus sought the assistance of European Central Bank (ECB) President Christine Lagarde on Wednesday to recover billions of dollars stolen during Prime Minister Sheikh Hasina's regime.
Federal Councillor and head of the Swiss Federal Department of Foreign Affairs (FDFA) Ignazio Cassis has reaffirmed Switzerland's support to Bangladesh during this "important phase of transition" with an interim government headed by Prof Muhammad Yunus.
Chief Adviser Professor Muhammad Yunus has left Switzerland for home wrapping up his four-day visit to join the World Economic Forum annual meeting in the Swiss city of Davos. “A commercial flight of the Emirates airline carrying the chief adviser and his
Chief Adviser Prof Muhammad Yunus on Saturday arrived in Dhaka from Switzerland after attending the World Economic Forum's annual meeting in Davos where he was hailed as a "beacon, hero and an amazing image of stability.
This decision comes after the parliament allocated less funding for foreign aid in December than the government had requested.