TIRANA, August 30/ATA/ Exports of Albanian products, mainly agricultural products, construction materials, minerals and metals are increasing their presence in the Swiss markets.
Albanian exports to Switzerland increased by 64% during the January-July period of this year. But, unlike exports, imports recorded a decline.
According to the INSTAT report, exports to Switzerland reached 2.3 billion ALL in value, from 1.5 billion ALL during the same period of 2021.
While imports fell to 4.5 billion ALL in value, from 5.2 billion in the 7th month of 2021.
Switzerland is one of the 10 most important countries for the Albanian market. Several large Swiss companies are present in Albania, while a growing number of small and medium-sized Swiss enterprises are discovering the Albanian market.
It is estimated that approximately 65 Swiss companies operate in Albania, while 35 Albanian companies carry out regular commercial activity with Switzerland. Other Swiss companies are participating in the energy market and in the field of tourism development.
During the period 2022-2025, Albania and Switzerland will work to guide reforms and achieve results in four areas: democratic governance; sustainable economic development and employment; infrastructure services and climate change; and health.
The estimated financial commitment for this period is 105 million Swiss francs in the form of grants. This support will be made possible through the Swiss Cooperation Program in Albania.
In 2015, Switzerland-Albania Chamber of Commerce was established in Tirana; while in 2021, Albania-Switzerland Chamber of Commerce was established in Geneva serving as important platforms for promotion of economic and commercial cooperation between the two countries./p.s./
