The head of the Federal Department of Economic Affairs, Education and Research (EAER) will meet most probably with members of government including the president of Azerbaijan and the prime ministers of Kazakhstan, Uzbekistan and the Kyrgyz Republic, as well as ministers of economic affairs, investment, finance and trade, and local authority representatives. Meetings are also scheduled to take place with associations and representatives from the private sector and with the local Swiss business community including round tables and economic forums in various capital cities. Two declarations of intent with Kazakhstan on the future conclusion of two agreements, one on the recognition of precious metal hallmarking, and a second on the field of services (domestic regulation in trade in services) are expected to be signed.

The Swiss delegation will visit several economic zones offering facilities to foreign companies with the aim of attracting investment. The projects pursued in the context of the Belt and Road Initiative are aimed at developing transport and energy infrastructure, offering interesting opportunities to Swiss industry, such as in the field of rail transport. In Kazakhstan, the delegation will stop in Aktau, a town on the shores of the Caspian Sea destined to become a key point on the east-west transport routes of the Belt and Road Initiative. There the delegation will visit the port facilities and special economic zone. In Astana, the governor of the new international financial centre (AIFC) will give a presentation on the future role that Kazakhstan intends to play in the region’s financial sector.

Mr Schneider-Ammann’s presence in the region will be used as an opportunity to inaugurate new Swiss investment projects in the chemical industry in Azerbaijan and in the textile industry in Uzbekistan.

The mission will also allow the head of the EAER to see a selection of Swiss development cooperation projects at first hand, particularly in Uzbekistan and the Kyrgyz Republic. The projects cover different fields (support for the financial sector, trade promotion, infrastructure financing, particularly water supply in collaboration with the World Bank, and vocational education). In Bishkek, there will be an opportunity to meet with Swiss cooperation partners.

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In the context of China’s Belt and Road Initiative, aimed at developing the old Silk Road along land-based and maritime corridors, Azerbaijan and Central Asia are gaining in importance and enjoying increased interest among economic actors. The region, which is rich in natural resources, is pursuing important economic development projects, particularly in terms of infrastructure, necessitating cooperation with foreign partners. Ambitious reform programmes have been put in place with a view to diversifying and liberalising the economy. At the end of 2017, Uzbekistan introduced a key measure by liberalising its foreign exchange policy.

Since the countries of Central Asia gained independence at the beginning of the 1990s, Switzerland has maintained close ties due to their membership of the same constituency in the Bretton Woods international financial institutions, an important aspect of these relations. One of the aims of Federal Councillor Johann N. Schneider-Ammann’s visit is to facilitate private sector access to these markets, which remains difficult despite various reforms, and to encourage synergies between Switzerland’s various areas of intervention in Central Asia.

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Economic exchanges with the countries visited are not yet well developed, even though certain figures, particularly on imports, are high due to trade in precious metals (Uzbekistan, Kyrgyz Republic) and petroleum products (Kazakhstan). Kazakhstan is Switzerland’s main market in the region followed by Uzbekistan. Despite the presence of a number of businesses, Swiss investment, on which the SNB does not publish data, is still relatively modest, except for Kazakhstan. Investment on the part of these countries in Switzerland is very modest, with the exception of Azerbaijan which occupies first place following the acquisition of the Swiss subsidiary of ExxonMobil by the national oil company Socar in 2012.

Address for enquiries

Irène Harnischberg,
Spokeperson EAER
058 462 20 34,
irene.harnischberg@gs-wbf.admin.ch

Publisher

Federal Department of Economic Affairs, Education and Research
http://www.wbf.admin.ch

One hundred new places for children between 2.5 and 6 years are created. This has been achieved with the support of the local municipality and the project “Strengthening Voice and Accountability" funded by the Government of Switzerland through the Swiss Agency for Development and Cooperation (SDC) and implemented by the Development Policy Institute.

The Swiss-funded project allocated 1 million soms and the local municipality contributed 100 thousand soms to renovate and equip the kindergarten with furniture, kitchen equipment, blankets, office equipment and music instruments. This is the result of a local community initiative, which was selected under the Small Grants Program of the project.

The municipality of Aleksandrovka cooperates with this project to adopt a participatory budgetary process, which allows for better alignment of the budget on the needs of the population and greater accountability of the municipality towards the population. Indeed, residents of the municipality are involved in local decision-making and in monitoring budget execution.

The head of the community monitoring group Raziya Livaza said: “It is as if a dream came true! Now we are confident that all issues can be solved through our active participation and through the joint efforts of the residents and the municipality. Our voices are heard when local budget expenditures are discussed. The local administration and local council members respond to our needs and solve our priorities.”

“As a representative of the Swiss Government, I am pleased to hear that the inhabitants of the municipality could enter in a constructive dialogue with the municipality to decide on their priorities and select this project. Participation of citizens in decision making is essential for effective, efficient and accountable governance. Furthermore, the project has enabled the village to open its first kindergarten!” - said Véronique Hulmann, Ambassador of Switzerland to the Kyrgyz Republic.