UN and Switzerland provide $1 million in aid to support small and medium businesses

Switzerland and the UN have provided a $1 million in financial assistance to support the Ukrainian small and medium enterprises (SMEs) in 2015-2018.

Director of the Swiss Cooperation Office in Ukraine Guido Beltrani told reporters, at the signing of the draft for supporting SME business associations, Ukrinform reports.

"The Swiss State Secretariat for Economic Affairs has given $1 million to support expansion of business associations that could adequately represent the interests of SMEs from all macro-regions, including eastern Ukraine," said Beltrani.