Yasser Abed Rabbo, head of the Palestinian delegation, together with Swiss Foreign Minister Micheline Calmy-Rey, and the chief of Israeli delegation, Yossi Beilin, (from left to right), during the signing ceremony for the Geneva Accord, in Switzerland in December 2003.
Keystone/Sandro Campardo
Switzerland is to withdraw its financial support for a conflict settlement between Israeli and Palestinian civil societies.
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Suiza suspende la financiación de la Iniciativa de Ginebra
The foreign ministry said it decided to phase out its funding by 2024 following an external evaluation, saying the Geneva Initiative was important in the beginning but its effectiveness and impact diminished over the past two decades.
It also lacked political backing both from Israel and the occupied Palestinian territory, according to a statementExternal link released on Tuesday.
Switzerland has contributed about CHF18 million ($19.7 million) to the initiative since its launch in 2003. From 2009 it gradually reduced its annual financial support from CHF1 million to CHF180,000 last year.
The Geneva Initiative led to the Geneva AccordExternal link nearly 20 years ago and is considered a reference document to show options for a two-state solution between Israel and Palestine.
The Swiss foreign ministry said it remains committed to promoting peace in the Middle East and it would allocate the funding for the Geneva Initiative to other similar efforts as of next year.
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Swiss price watchdog negotiates lower fees for card payments
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Small businesses in Switzerland will have to pay fewer fees for cashless payments from customers over the next few years.
Lakes in Central Switzerland have best water quality for bathing
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Anyone who swims in a lake in Central Switzerland need have no fear of infection from intestinal bacteria. The water samples taken at 65 bathing sites in 13 lakes all have good to excellent bathing water quality.
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Unknown assailants have stolen a historic ring from a Basel museum. The stolen item was a gift from Russian Tsar Alexander I to his host in Basel in 1814.
More May hotel guests in Basel than at any time in past 90 years
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Basel hotels recorded 150,854 overnight stays for the Eurovision Song Contest in May. This corresponds to a year-on-year increase of 8.4%.
Demand remains high for rental flats in Switzerland
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More rental flats are once again being advertised on property portals in Switzerland. However, demand also remains very high.
One in five Europeans exposed to too much traffic noise
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More than one in five Europeans are exposed to unhealthily high levels of traffic noise, according to the European Environment Agency (EEA).
New living space through densification often comes at expense of the poor
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If demolition and new construction are carried out and tenants have to make way, low-income households are affected more often than average.
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The ceasefire in the Iran-Israel war has visibly eased tensions on the financial markets. The SMI, Switzerland's leading stock market index, has risen above the 12,000 point mark again.
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Swiss back efforts to revive Middle East peace process
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“We are ready to contribute to this new dynamic towards a just and long-lasting peace … which is based on a negotiated two-state solution,” he declared at the opening of an international conference in Paris on Friday. France convened foreign ministers from major powers to try to put Israeli-Palestinian peace-making back on the international agenda…
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Officials at the Swiss Foreign Ministry confirmed that they had sounded out interested parties. They refused to name their contacts, but they are understood to have been in touch with – among others – Israeli, Palestinian and American diplomats. “We are not being selective in our approach. We want to contact all actors playing an…
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Dubbed the “Geneva Accord”, the initiative is the brainchild of Swiss academic, Alexis Keller. Six weeks after wrapping up secret negotiations in Jordan, the signatories to the Geneva Accord will officially publish the document at a ceremony in the lakeside city. The launch of the peace plan marks a return to the initiative’s source, because…
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A senior Swiss foreign ministry official, Thomas Greminger, confirmed the existence of the so-called “Swiss document” on Thursday, which dates back to 2006. Over the past few days, former Palestinian Foreign Minister and top Hamas official Mahmoud al-Zahar and Palestinian President Mahmoud Abbas, who is also known as Abu Mazen, have publicly discussed the existence…
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