KYIV, Jan 23 - Federal Councilor, Head of the Federal Department of Economic Affairs, Education and Research of Switzerland Guy Parmelin and First Deputy Prime Minister - Minister of Economy of Ukraine Yulia Svyrydenko signed a memorandum of understanding as part of efforts to involve the Swiss private sector in restoration and reconstruction projects.

The Ministry of Economy reported on Thursday the State Secretariat for Economic Affairs of Switzerland (SECO) will allocate 50 million Swiss francs for projects of Swiss companies operating in Ukraine. This funding will cover projects in key sectors of the economy where Swiss companies are present in Ukraine.