SECO's economic development cooperation

The Ukraine Recovery Conference (URC) has been held since 2022 to coordinate reconstruction efforts in Ukraine. At this year's conference, which took place in Rome from 10 to 11 July, the head of the Swiss delegation, Jacques Gerber, signed an international treaty with Ukraine. This forms the legal basis for increased cooperation with the Swiss private sector in reconstruction. Projects in the areas of health, education and war risk insurance were also approved.

Switzerland will be participating in the 4th International Conference on Financing for Development (FfD4) in Seville, Spain, from 30 June to 3 July 2025. Organised under the auspices of the United Nations, this global event aims to address financing challenges in order to help achieve the 2030 Agenda’s Sustainable Development Goals. The conference will cover a wide range of issues relating to development policy, environmental, economic and social sustainability, and macroeconomics. The Swiss delegation is being led by Patricia Danzi, director general of the Swiss Agency for Development and Cooperation (SDC).

At its meeting on 25 June, the Federal Council approved the draft of a bilateral cooperation agreement between Switzerland and Ukraine on reconstruction of the country. The draft agreement would establish the legal basis for closer involvement of the Swiss private sector in Ukraine's reconstruction process. This agreement will be signed at the 2025 Ukraine Recovery Conference to be held in Rome. Once signed, the Federal Council will initiate a consultation procedure and submit a corresponding dispatch to the Swiss parliament for ratification.

On 23 June, on the sidelines of the EFTA Ministerial Conference in Tromsø, Norway, a free trade agreement was signed by Federal Councillor Guy Parmelin and representatives of fellow EFTA countries Iceland, Liechtenstein and Norway with the Malaysian Minister of Investment, Trade and Industry, Mr Tengku Zafrul Aziz.

On 16 June 2025, the OECD published its latest development cooperation peer review on Switzerland. The peer review takes place as part of a regular review process that the 33 members of the OECD Development Assistance Committee (DAC) undergo every six years. The report recognises the continuous development of Swiss international cooperation and formulates recommendations.

On 21 May, the Federal Council decided to increase the capital of SIFEM AG by CHF 75 million. This will enable the federal development finance institution to stabilise its investment volume at CHF 150 million.

Federal Councillor Guy Parmelin will visit Poland on 14 and 15 May. During his visit he will sign a memorandum of understanding to strengthen cooperation in education, research and innovation (ERI). Bilateral ministerial meetings are also planned, focusing on ERI and business. The programme will conclude with a visit to the renowned Impact'25 innovation fair.

The Federal Council wants to contribute towards increasing the guarantee capital of the African Development Bank (AfDB). It is requesting Parliament to approve a guarantee credit of CHF 1.56 billion, as decided on 30 April. This would strengthen Switzerland's influence in the AfDB and help to further sustainable and inclusive economic development in Africa.