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Philippine and Swiss Presidents Meet in Laos to Strengthen Bilateral Relations

VIENTIANE, Lao PDR – President Benigno S. Aquino III meets with Swiss President Eveline Widmer-Schlumpf during the bilateral meeting at the sidelines of the 9th Asia-Europe Meeting (ASEM9) on Monday (November 05). The two leaders exchanged views on various bilateral issues such as the Human Rights Compensation Bill, cooperation in disaster risk reduction and management, and economic cooperation. Switzerland, a non-EU member country but a new ASEM partner, is also a major investor. In 2011, Swiss investments in the country amounted to 2.049 billion pesos. On August 30, 1956, Switzerland and the Philippines established diplomatic relations. Interaction between the two countries can be traced back to the early 1800s when Swiss traders, missionaries and travelers ventured into Southeast Asia. This year, the Philippines and Switzerland are celebrating 150 years of official relations.

(PLDT powered by SMART). (Photo by: Lauro Montellano Jr. / Malacañang Photo Bureau). Sourced from www.pcoo.gov.ph

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