BERN: Swiss business expects growth of mutual investments with Russia within the next three to five years, Switzerland Global Enterprise CEO Daniel Kueng told Sputnik in an interview. The economic growth is still low, and it will take some time to develop these dynamics, he noted. According to Kueng, about 600 Swiss companies are actively operating in Russia, and many others are interested in the Russian market. Kueng added that the improvement of the situation in the Russian economy and its greater diversification contributed to the growth of foreign investment. There are also preconditions for a small economic growth within a few years, and therefore “Russia is coming back again” in the eyes of Swiss investors and exporters, Kueng underlined.
Switzerland Global Enterprise (S-GE) is an organization that assists in developing foreign trade relations of Swiss companies as well as informs and helps SMEs from Switzerland and Liechtenstein on the path of international business ventures. Switzerland has not joined the EU sanctions against Russia, though it has introduced its own restrictive measures, aimed at preventing people targeted by EU sanctions from bypassing them, thus forging business relations with partners in the European Union.
