Switzerland ready to increase technical assistance to Azerbaijan

  04 November 2016    Read: 1187
Switzerland ready to increase technical assistance to Azerbaijan
Switzerland’s State Secretariat for Economic Affairs (SECO) is ready to start implementing new projects of technical assistance in order to help Azerbaijan solve the most difficult issues, SECO Deputy Regional Director for South Caucasus Simone Haeberli said.
She made the remarks Nov. 4 in Baku at an event dedicated to the Capital Markets Modernization Project jointly implemented with the World Bank (WB).

Haeberli said Azerbaijan and Switzerland have been cooperating effectively for already 25 years, including the cooperation within the SECO, which covers the microeconomic policy and ensuring financial stability.

Modern and transparent capital markets are now more important for Azerbaijan than at the time when the SECO started implementation of the project, she added.

“It is clear that the work is far from over, but this project has laid a great foundation for development of the capital markets,” she added.

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