Relations between Switzerland and Venezuela currently not very extensive. On 28 March 2018 the Federal Council adopted an ordinance on measures against Venezuela. In doing so, Switzerland aligned itself with the EU's sanctions against Venezuela. These sanctions were imposed in response to human rights violations and the undermining of the rule of law and democratic institutions.
Key aspects of diplomatic relations
Switzerland and Venezuela have concluded bilateral agreements on investment protection, double taxation and aviation.
In 2017 Switzerland imported goods – primarily agricultural products – worth CHF 3.9 million. Meanwhile, exports to Venezuela amounted to around CHF 76.3 million, consisting mainly of pharmaceuticals, machinery and precision instruments.
Cooperation in education, research and innovation
Researchers from Venezuela can apply to the State Secretariat for Education Research and Innovation (SERI) for Swiss Government Excellence Scholarships.
Swiss nationals in Venezuela
At the end of 2017, there were more than 1,200 Swiss nationals living in Venezuela.
History of bilateral relations
Switzerland opened an honorary consulate in the capital Caracas in 1909. In 1939 it opened a legation, which was upgraded to a diplomatic representation (embassy) in 1961. The Swiss-Venezuelan Chamber of Commerce has existed since 1979.