State Secretariat for Economic Affairs SECO

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Economic Cooperation and Development

The Economic Cooperation and Development Division at the State Secretariat for Economic Affairs (SECO) is responsible for the planning and implementation of economic and trade policy measures with developing countries, the States of Eastern Europe and Central Asia and the new Member States of the European Union (EU). In addition, SECO is responsible for the coordination of Switzerland’s relations with the World Bank Group, the regional development banks and the economic organisations of the United Nations.

SECO's main aims are to integrate partner countries into the global economy and to promote the sustainable economic growth of these countries, thus contributing to poverty reduction. The priorities include promoting stable economic conditions, strengthening competitiveness, supporting trade diversification, mobilising domestic and foreign investment, and improving basic infrastructure. Particular emphasis is placed on energy, environmental and climate issues.


[ State Secretariat for Economic Affairs ]
The State Secretariat for Economic Affairs SECO has pledged USD 10 million in support for the IMF's African Regional Technical Assistance Centres (AFRITACs). The AFRITACs assist partner countries in key areas of macroeconomic management. Switzerland is one of the leading donors in this initiative.


[ State Secretariat for Economic Affairs ]
On 8 December 2009, a closing ceremony under the patronage of the Bilateral Committee of the Egyptian Swiss Development Fund (ESDF), in the presence of Minister of Social Solidarity Ali El-Sayed El-Moselhy, Ambassador Beatrice Maser Mallor from the State Secretariat for Economic Affairs (SECO) and the Ambassador of Switzerland Dominik Furgler was held at the Conrad Hilton Hotel in Cairo, Egypt. The governments of Egypt and Switzerland agreed to close the fund as it has been fully disbursed and the development objectives fulfilled.


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State Secretariat for Economic Affairs SECO, Economic Cooperation and Development
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http://www.seco-cooperation.admin.ch/index.html?lang=en