The Swiss Federal Council at a meeting on Wednesday approved the Agreement between Switzerland and Ukraine on cooperation in the reconstruction of Ukraine, according to the Swiss government portal.
“This State Treaty provides a legal basis for enhanced cooperation with the Swiss private sector in the reconstruction of Ukraine. The State Treaty will be signed at the Ukraine Recovery Conference 2025 in Rome. The text of the agreement will then be submitted for consultation and approval by the Parliament,” the report says.
It is reported that back in the summer of 2024, the Federal Council developed a number of measures to strengthen the participation of the Swiss private sector, complementing humanitarian aid and traditional international cooperation projects in Ukraine. “Right now, cooperation with the private sector is limited to Swiss companies that are already registered in Ukraine. Strengthening cooperation with Swiss companies that are not yet operating in Ukraine requires a new legal framework. The Federal Council is creating it through an intergovernmental agreement approved today,” the statement explained.
The agreement will allow Ukraine to buy goods and services from Swiss companies for reconstruction projects in the form of non-refundable financial assistance. The support will be provided mainly in sectors that are a priority for Ukraine, in which Swiss international cooperation is already active in Ukraine and in which Switzerland is competitive. These include energy, transport and mobility, mechanical engineering, construction, water resources and disaster protection and preparedness. The intergovernmental agreement stipulates that Ukraine will play a key role in defining the projects: it will identify its reconstruction needs and provide a list of necessary goods and services from Switzerland. These will be procured in accordance with Swiss public procurement law.
“The Federal Council delegate from Ukraine, Jacques Gerber, will sign the State Contract together with Yulia Sviridenko, First Deputy Prime Minister and Minister of Economy of Ukraine, on the margins of the Fourth Ukraine Recovery Conference to be held in Rome on July 10 and 11, 2025. This high-level conference series was founded in Lugano in 2022 after the outbreak of the war against Ukraine and focuses on the rapid recovery and long-term reconstruction of Ukraine. After signing the State Treaty, the Federal Council will conduct a consultation process and submit a document to the Federal Assembly to approve the agreement,” the statement said.
The Federal Council adopted the program for Ukraine for 2025-28 on February 12, 2025. It marks the beginning of a twelve-year process of federal support for reconstruction, reforms and sustainable development in Ukraine. For this purpose, CHF1.5 billion ($1.86 billion) has been allocated from the international cooperation budget until 2028, a third of which will be allocated to increase Swiss private sector involvement in Ukraine’s reconstruction.
The Federal Council is Switzerland’s highest executive body. All seven of its members constitute the federal government and act as Switzerland’s collective head of state.
