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Federal Councilor Ueli Maurer will make a working visit to Brazil and Argentina from 18 to 20 July 2018. He will be accompanied by Secretary of State for International Financial Affairs Jörg Gasser and representatives of the industry Financial and Financial Affairs
Federal Councilor Ueli Maurer, Head of the Federal Department of Finance (FDF), will visit Brazil and Argentina. exchange his counterpart. He will also meet the governors of the two central banks, regulators and private sector players.
Brazil, the most important partner state of Switzerland in South America, will discuss investment opportunities and risks, the implementation of the bilateral double taxation agreement (DTA), signed in May, is also discussed. In addition, the Swiss Financial Market Supervisory Authority (FINMA) and the Comissão de Valores Mobiliares will sign a Fintech Memorandum of Understanding on the ground
In Argentina, the visit will allow a financial and regulatory dialogue with the competent authorities. lead. These discussions should focus on Argentina 's comprehensive economic reforms, supported by an International Monetary Fund (IMF) loan program of up to $ 50 billion. Exchanges with state and private actors in Brazil and Argentina are part of the policy of the Swiss financial center for a competitive Swiss financial center. This also includes the opening of the private sector abroad. The delegation will also have the opportunity to explain the favorable conditions for the financial sector and Fintech companies in Switzerland. The delegation will also include a dozen representatives of the financial industry and fintech
After working visits to Brazil and Argentina, Federal Councilor Ueli Maurer will attend the meeting of G20 finance ministers in Buenos Aires on July 20, 2018. On the sidelines of this meeting in Buenos Aires, a bilateral exchange with the Chilean Minister of Finance, accompanied by the delegation of representatives of the financial sector, is also planned to complete the perspective on South American financial centers. Other purely bilateral meetings of Federal Councilor Maurer with G20 counterparts are planned.
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