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E.S. Nabiullina, the Minister, held a meeting with the Head of the Federal Department (the Minister) of Economic Affairs of Switzerland J. Schneider-Ammann

12.07.11
On the 12th of July, 2011, E.S. Nabiullina, the Minister, held a meeting with the Head of the Federal Department (the Minister) of Economic Affairs of the Swiss Confederation Mr. Johann Schneider-Ammann, the Head of the Representative Economic Delegation of the Swiss business and financial interests, in the Ministry of Economic Development and Trade of the Russian Federation (MEDT of Russia).

The issues on the development of trade and economic relations between Russia and Switzerland were under consideration in the course of the meeting. The mutual turnover increase and the investment cooperation expansion were reported, in particular in the pharmaceutical industry and engineering industry.

The successful implementation of the Plan of Actions in the economic cooperation between the Ministry of Economic Development and Trade of the Russian Federation and the Federal Department of Economic Affairs of the Swiss Confederation for the period before 2013 was reported.

The parties have agreed to perform collaboration on the enhancement of bilateral regulatory and legal framework for the purpose of further expansion of trade and economic cooperation.

In the course of the meeting special consideration was given to the questions of cooperation in the economy modernization. The Swiss party showed willingness to take part in solving problems concerning the modernization of the Russian economy on the basis of the positive experience of bilateral cooperation.

The parties have discussed the issues on the collaboration between Russia and Switzerland in international economic organizations. In particular the mutual interest was reported in the fastest completion of negotiating procedure on acceding of Russia to the World Trade Organization (WTO) and making the free trade area agreement with the European Free Trade Association (EFTA).

The same day E.S. Nabiullina and J. Schneider-Ammann took part in the meeting of the Russian-Swiss Work Group on collaboration in the field of small and medium-size business acting within the framework of the Joint Intergovernmental Commission on Trade and Economic Collaboration between the Russian Federation and Swiss Confederation.

From the Russian side, the meeting was also attended by Director of the Europe Department E.V. Danilova and Director of the Department for Small and Medium-Size Business Development N.I. Larionova.

From the Swiss side, the meeting was attended by the Swiss Ambassador in Russia Walter Giger, Head of the International Relations Department of the State Secretariat for Economy of Switzerland Eric Martan, Head of the Department for Economy and Science of the Swiss Embassy in Russia Jacques Derron, as well as the members of the Swiss business delegation.

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