Malaysia–Switzerland_relations

Malaysia–Switzerland relations

Malaysia–Switzerland relations

Bilateral relations

Malaysia–Switzerland relations refers to bilateral foreign relations between the two countries, Malaysia and Switzerland. Switzerland maintains an embassy in Kuala Lumpur, while Malaysia has established diplomatic representations in Bern, with additional consulates in Geneva, Basel, and Zurich. A distinctive aspect of the bilateral relationship is the visa exemption granted to Malaysian nationals for entry into Switzerland, a benefit that, within Southeast Asia, is extended only to Singapore as well.[1]

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History

Swiss trading entities began their operations in Malaysia as early as the 19th century. Following Malaysia's independence in 1957, Switzerland formally recognized and initiated diplomatic ties with the country in 1963. Since then, the two nations have consistently enjoyed strong bilateral relations.[1]

Economic relations

Economic cooperation between Switzerland and Malaysia is highlighted by Malaysia's role as a gateway to the Asia-Pacific market, which hosts over 630 million consumers. This positions Malaysia as Switzerland's fourth largest trading partner within the Association of Southeast Asian Nations (ASEAN) bloc. The trade primarily involves Swiss exports of machinery, pharmaceuticals, and chemical products to Malaysia, and imports of electronic devices and machinery from Malaysia. The relationship is characterized by the operation of approximately 135 Swiss-affiliated companies in Malaysia, employing over 20,000 individuals.[1]

By the close of 2017, over 800 Swiss citizens were residing in Malaysia.[1]

References

  1. [1]
    "Bilateral relations Switzerland–Malaysia". Federal Department of Foreign Affairs Switzerland.


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