Secretary Pompeo will travel to Switzerland on May 31, where he will meet with Foreign Minister Ignazio Cassis. The Secretary’s visit will mark the first official visit of a U.S. Secretary of State to Bern in more than 20 years. The Secretary will underscore our countries’ strong economic partnership, security cooperation, and bilateral ties. The Secretary will also meet with Swiss business leaders and World Health Organization Director General Dr. Tedros Ghebreyesus.
PROMOTING AND STRENGTHENING OUR ECONOMIC PARTNERSHIP
- Switzerland and the United States have enjoyed long-established and productive bilateral relations since a unified Swiss state was formed in 1853. In 2017, total U.S. goods and services trade with Switzerland reached $121.9 billion, up from $65.9 billion a decade ago.
- Our two democracies enjoy high levels of economic freedom, a strong rule of law, and a welcoming business environment. The U.S. is one of the top destinations for Swiss investors. Conversely, the U.S. is one of the largest foreign investors in Switzerland. Secretary Pompeo and Swiss Federal Councilor and Foreign Minister Ignazio Cassis met in Washington in February to discuss ways to deepen our economic and trade relationship. Our two nations continue to explore a potential bilateral trade agreement.
- The United States and Switzerland also enjoy robust tourism ties. Almost half a million (441,270) Swiss visited the United States in 2017, and millions of Americans visit Switzerland annually. Tourism is a great boost to our respective economies and helps to deepen cross-cultural understanding.
- Swiss experience in vocational education offers a compelling model for developing the American workforce. In December 2018, Switzerland and the United States signed a Memorandum of Understanding to advance our cooperation in this area. We are grateful to the Swiss, particularly to those companies investing in the United States, for sharing their expertise.
SHARED INTERESTS AND SECURITY COOPERATION
- Switzerland and the U.S. benefit from ongoing security cooperation. We exchange expertise on anti-money laundering efforts, counterterrorism, cybersecurity, and crisis preparedness.
- Experts from our countries exchange expertise on anti-money laundering efforts, counterterrorism, regulatory cooperation, and intellectual property rights. We also collaborate on crisis management preparedness and cybersecurity.
- Two U.S. companies – Boeing (F/A-18 Super Hornet) and Lockheed Martin (F35) – are competing in Switzerland’s New Fighter Jet Acquisition tender. Raytheon (Patriot system) is the sole U.S. competitor for Switzerland’s ground-based air defense system. We are honored to be represented by these three companies and are proud of the high-quality products they offer.