Switzerland

Donor funding

To date, the Swiss State Secretariat for Economic Affairs (SECO) has contributed more than €130 million in technical cooperation and investment grants to support EBRD operations. This has been channeled mainly towards Central Asia and the Western Balkans, priority areas for Swiss economic assistance. SECO has also contributed €4.53 million to the EBRD’s multi-donor Early Transition Countries (ETC) Fund.

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Co-financing

Switzerland is an important source of foreign direct investment in the EBRD’s countries of operations. As of January 2012 the value of joint Switzerland-EBRD investment stood at €3.64 billion, of which the EBRD’s portion was €2.52 billion and Switzerland’s was €1.12 billion. Adding in further investment from other countries and sources, the total value of projects with Switzerland-EBRD involvement was €11.1 billion. The majority of these deals was in the private sector.

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Consultancy services and procurement

In 2011 Swiss consultants were awarded 31 consultancy contracts with a total value of €5.09 million by the EBRD and its clients.  These included 10 contracts totalling €107,850 for the Small Business Support (SBS) and two contracts for €28,076 by the Office of the General Counsel as outside counsel.

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Cooperation with Swiss banks

The EBRD works closely with Swiss banks involved in the Trade Facilitation Programme (TFP), through which the EBRD guarantees the payment of trade finance instruments (such as letters of credit or payment guarantees) that are issued by banks in its countries of operations to foreign confirming banks.

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