Daccanomics
Switzerland has pledged full cooperation in repatriating illegal money deposited by Bangladeshi nationals in Swiss banks, adhering to international standards and procedures. The commitment came during a meeting between Swiss Ambassador Reto Siegfried Renggli and Bangladesh’s Foreign Adviser Md Touhid Hossain at the Foreign Ministry.
During the meeting, Hossain sought Swiss assistance in identifying and recovering illegal assets held by Bangladeshis in Swiss banks. The Swiss ambassador acknowledged the recent student-led mass uprising in Bangladesh as a significant development and expressed support for the country’s ongoing reform process. Both sides welcomed Bangladesh’s accession to the UN Convention on Enforced Disappearance and agreed to strengthen collaboration on human rights.
On economic matters, the Swiss envoy described Bangladesh as a promising market, calling for increased private sector engagement to attract more Swiss investment. Highlighting the potential of Bangladesh’s youth, especially in the ICT sector, the foreign adviser requested Swiss support in harnessing this talent to boost productivity and economic growth.
The two parties also discussed the Rohingya crisis, agreeing that repatriation with safety, security, and rights is the only solution. Switzerland assured continued humanitarian support for both Rohingyas and host communities in Cox’s Bazar.
