29 June 2010, Tuesday, 15:24

The Ambassador of Switzerland in Russia Walter Gyger got acquainted with investment potential of Bashkortostan

author: Elvira Latypova

The meeting with delegation of Switzerland, which was held by the vice-premier Jury Pustovgarov in the Ministry of Industry, Investment and Innovative Policy RB, was devoted to potential of bilateral cooperation and investment possibilities of Bashkortostan.

Jury Pustovgarov has acquainted members of delegation with our regional economy structure. Key competence of Bashkortostan is hi-tech chemistry and mechanical engineering and they became a subject of more specific conversation as in these directions the considerable potential of mutually advantageous cooperation is seen.

Mr. Gyger, from his part spoke about  the economy of Switzerland. This West European country is three times less than Bashkortostan in its area and practically has no its own natural resources. Thus, it is notable for the strong economy, which basis is small and medium business and active foreign trade activities.

— Crisis has affected us also, but its influence was much less than in many other countries, — the diplomat said, — because 90 percent of our enterprises are small and medium, they are flexible and well adapt to market changes.

Other specificity of Switzerland is its strong integration into global economy.

Switzerland exports production for the sum of 180 billion Swiss francs (one Swiss franc is approximately equal 1,1 US dollars), and imports for 160 billion Swiss francs per year.

For comparison: in Bashkortostan following the results of difficult 2009 all foreign trade turnover has made five billion US dollars. The optimistic forecast for 2010 is ten billion.

The Bashkir hi-tech enterprises are interested in cooperation with the Swiss partners too. The spectrum of their interests ranges from acquisition of the equipment to cooperative business.

Bashkortostan possesses powerful industrial potential, but, according to Jury Pustovgarov, our manufacturers are noncompetitive concerning production costs. And this is also a sphere for joint activity.

The parties have agreed to assist companies in search of potential partners.

After negotiations visitors went to the state farm "Alekseevsky", one of the best enterprises of agrarian sector in Bashkortostan and Russia.