Kyrgyzstan is a priority country of Switzerland’s transition cooperation with Central Asia. Kyrgyzstan joined the Eurasian Economic Union in 2015. However, it is still very vulnerable to external shocks. In the frame of the Swiss cooperation with Central Asia, SECO strengthens macroeconomic, trade and business friendly framework conditions as well as access to affordable, reliable and sustainable infrastructure.
Despite substantial improvements of the economic framework conditions during recent years, Kyrgyzstan is still in strong need of external support.
In the frame of the Swiss cooperation strategy Central Asia SECO supports Kyrgyzstan in several areas of interventions:
- Reinforcing economic governance and improving finance and macro-economic management
- Promoting the private sector, competitiveness and creating jobs: in light of the recession that is affecting several branches, especially the export sector, the increased competitiveness of the private sector should improve the international market position of the SMEs.
- Economic development and sustainable resource use through improved basic infrastructure: in Kyrgyzstan, some places have good infrastructure, in other areas, however, they are insufficient or out-dated (lack of resources, insufficient maintenance); this has a negative impact on the people's standard of living and private investments.
SECO and the Swiss Agency for Development and Cooperation (SDC) jointly define and implement the Swiss Cooperation Strategy in Central Asia, which includes Kyrgyzstan.