The Swiss Government has provided a grant of US$75 million for Indonesia to support the countrys economic development.
The Swiss Government wants to continue and maintain technical support for Indonesia, Swiss Economic, Education and Research Minister Johann Schneider-Ammann said after a meeting with President Joko Widodo here on Tuesday.
Johamm Scheneider-Ammann, who is also a member of the Swiss Federal Council was on a two day visit to Jakarta to resume negotiation on Comprehensive Economic Partnership Agreement between Indonesia and European Free Trade Agreement (EFTA), and to strengthen cooperation in expanding vocational training and educational system in Indonesia.
Switzerland supports 40 projects in Indonesia to help maintain economic stability, increase access to financial service, promote trading and back up infrastructure development.
Meanwhile Minister for National Development Planning and head of the National Planning Board (Bappenas) Bambang Brodjonegoro said the Indonesian Government highly appreciates support from the Swiss Government for Indonesia.
Bambang Brodjonegoro hopes that the cooperation between the two countries would help create new jobs, equitable economy and reduce poverty and improve access to financial service in the country.
During his stay in the country the Swiss Minister commissioned the Swiss Business Hub (SBH) at the Swiss embassy in Jakarta. SBH provides recommendations and support for export oriented Swiss companies seeking access to Indonesian market.