Dhaka, Jan. 30 -- 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.

The Swiss Federal Council said the Swiss Agency for Development and Cooperation, or SDC, will phase out its bilateral development programmes in Bangladesh, Albania, and Zambia by 2028.

The decision was made after considering factors such as the field-level requirements, Switzerland's long-term diplomatic and economic interests, and the country's relative importance in inte...