Pat the cod fillets dry using paper towels before slicing them into strips. Dry fish cooks better and develops a light golden crust in the pan. Season the strips with paprika, salt, and black pepper so every bite is flavorful.
In a small bowl, mix together the sweet chili sauce, lime juice, lime zest, and honey. Stir everything until smooth and glossy. The sauce should taste sweet, tangy, and slightly spicy at the same time.
Place a large skillet over medium heat and add olive oil with butter. Let the butter melt slowly until it becomes slightly foamy. This creates the perfect flavorful base for cooking the fish.
Add the minced garlic to the pan and stir for about 30 seconds. Be careful not to burn it because garlic cooks quickly. The aroma should become rich and fragrant.
Place the seasoned cod strips into the hot skillet in a single layer. Cook each side for about 3 to 4 minutes until golden and flaky. Avoid overcrowding the pan so the fish cooks evenly.
Pour the sweet chili lime sauce over the cooked cod strips. Gently toss the fish so every piece gets coated in the glossy sauce. Let everything simmer for another minute so the flavors blend together.
Sprinkle chopped parsley over the top for freshness and color. Serve immediately with lime wedges on the side. The fresh lime juice right before eating makes the dish taste even brighter.