Source: The Federal Council, Switzerland |

Federal Councillor Ignazio Cassis to visit three southern African countries in first visit to the continent

Federal Councillor Ignazio Cassis, Head of the Federal Department of Foreign Affairs (FDFA), will visit Zambia, Zimbabwe and South Africa next week during his first trip to Africa

The main goals of the trip are to strengthen economic and political relations with these three southern African countries, including by signing an agreement on air transport with Zambia, and to visit projects supported by the Swiss Agency for Development and Cooperation (SDC), particularly in the field of HIV/AIDS prevention…

Source: The Federal Council, Switzerland |

Switzerland raises concerns ahead of Burundi’s constitutional referendum on 17 May 2018

Switzerland condemns the massacre of 26 people in Ruhagarika on Friday 11 May and extends its sympathies to the families of the victims

Switzerland expresses its concerns ahead of the constitutional referendum in Burundi scheduled for 17 May and calls on all parties to resume dialogue in the spirit of the Arusha Accords. The constitutional referendum, which is scheduled to take place on 17 May 2018, is being carried out in a climate…

Source: The Federal Council, Switzerland |

Federal Council adopts dispatches on double taxation agreements with Ecuador and Zambia

The new DTA with Zambia takes into account the developments from the OECD's base erosion and profit shifting (BEPS) project

During its meeting on 18 April 2018, the Federal Council adopted dispatches concerning a protocol of amendment to the double taxation agreement (DTA) with Ecuador and a new DTA with Zambia. Both dispatches were submitted to Parliament. On 26 July 2017 in Quito, Switzerland and Ecuador signed a protocol of…

Source: The Federal Council, Switzerland |

Humanitarian crisis in DRC: Switzerland commits CHF 12.5 million to assist the population

Currently 13 million people are in need of assistance – double the number of last year

The Democratic Republic of the Congo (DRC) is gripped by one of the world's worst humanitarian crises. The country now also faces a cholera epidemic, while millions of its people are dependent on humanitarian assistance. Representatives of several states and humanitarian organisations met today in Geneva to support the international…

Source: The Federal Council, Switzerland |

Federal Councillor Schneider-Ammann to travel to Nigeria and Côte d’Ivoire

The aim of the visit is to support and promote the Swiss private sector in the Nigerian and Ivorian markets, deepen bilateral economic relations with the two countries and to assess the business climate

On 21 March, Federal Councillor Johann N. Schneider-Ammann will set off on a visit to Nigeria (21-23 March) and Côte d’Ivoire (23-25 March) accompanied by an economic delegation. He will be joined by a scientific delegation on the Côte d’Ivoire leg of his visit. The aim of the visit is…

Source: The Federal Council, Switzerland |

Federal Council extends the freeze on Tunisian and Ukrainian assets and abrogates the freeze on Egyptian assets

The purpose of this decision is to support the judicial cooperation between Switzerland and these two states

At its meeting on 20 December 2017, the Federal Council decided to extend for one year the freeze on the assets of ousted presidents Ben Ali (Tunisia) and Yanukovych (Ukraine) and their entourages. The purpose of this decision is to support the judicial cooperation between Switzerland and these two states.…

Source: The Federal Council, Switzerland |

Switzerland and Zambia sign new double taxation agreement

In particular, the new agreement makes provision for dividends being taxed at source at a maximum rate of 15% and qualified participations being taxed at no more than 5%

On 29 August 2017 in Lusaka, Switzerland and Zambia signed a new double taxation agreement (DTA) in the area of taxes on income. It replaces the agreement between Switzerland and the United Kingdom of 1954 which up to now applied to Switzerland and Zambia and will create legal certainty conducive…

Source: The Federal Council, Switzerland |

Switzerland and Ghana launch 2017–2020 cooperation strategy

Trade between Switzerland and Ghana was worth CHF 2.38 billion in 2016, a significant increase over the previous year

On Wednesday 12 July, during an official visit by President Doris Leuthard to Ghana, Switzerland and Ghana recognised the quality of their bilateral relations. Ghana is Switzerland’s main trading partner in Africa. A cooperation strategy for 2017 to 2020 was launched in the presence of Ms Leuthard and Ghana’s president,…

Source: The Federal Council, Switzerland |

President Doris Leuthard to travel to Ghana and Benin in mid-July

The official talks in Accra (Ghana) are set to take place on Wednesday, 12 July, and those in Cotonou (Benin) on Thursday, 13 July

In the coming week President Doris Leuthard will pay official visits to the West African states of Ghana und Benin. The main aim of her trip is to further deepen Switzerland’s traditionally close relations with these two stable democratic countries. The official talks in Accra (Ghana) are set to take…

Source: The Federal Council, Switzerland |

Switzerland returns EUR 3.5 million to Tunisia in stolen assets recovery process

Acting on a request for mutual legal assistance from Tunisia, on 26 May 2017 the Office of the Attorney General of Switzerland ordered the transfer of an additional amount of approximately EUR 3.5 million

Switzerland has transferred approximately EUR 3.5 million to Tunisia, in response to a request for mutual legal assistance. The final destination of these assets will depend on the proceedings currently under way in Tunisia. Acting on a request for mutual legal assistance from Tunisia, on 26 May 2017 the Office…