Switzerland Regional Trade Agreements

In terms of foreign and security policy, Switzerland and the EU have no cross-cutting agreements. However, in its 2000 security report, the Federal Council announced the importance of contributing to stability and peace beyond Switzerland`s borders and of building an international community of values. Subsequently, Switzerland began to collaborate on EU Common Foreign and Security Policy (CFSP) projects. Switzerland has provided personnel or equipment for the European Union peacekeeping and security missions in Bosnia and Herzegovina, the Democratic Republic of the Congo, Kosovo, Macedonia and Aceh in Indonesia, in order to provide personnel or equipment to provide personnel for security purposes. In 2004, a number of other sectoral agreements (known as „bilateral II”) were signed, including Switzerland`s participation in Schengen and Dublin, as well as agreements on the taxation of savings, processed agricultural products, statistics, the fight against fraud, participation in the EU media programme and the Environment Agency. Benefits of agreements The agreements concluded in 2013 with free trade partners, with the exception of the free trade agreement with the EU, cover 22.6% of total Swiss exports. This represents 51% of Swiss exports to markets outside the EU. In particular, free trade agreements promote the growth, added value and competitiveness of the Swiss economic location. An overview of the swiss free trade agreement network can be found in the section. Until June 2019, the Federal Council did not find a reasonable compromise either with internal advisory partners such as trade unions and representatives of Swiss companies, or with the outgoing President of the European Commission, Jean-Claude Juncker. EU member states have also said that no further compromises would be possible on the text of the proposed framework agreement with Switzerland. As a result, Brussels did not extend its stock exchange equivalence to the Swiss Stock Exchange due to this failure of negotiations between Switzerland and the EU and, as a counter-measure, the Federal Council Regulation of November 2018 limiting the future exchange of most Swiss shares traded in the EU to the SIX Swiss Exchange in Zurich was implemented. [20] [21] The European Union is Switzerland`s main trading partner, with around fifty-two percent of exports to the EU.

This trade relationship began when the EU and Switzerland concluded the 1972 Free Trade Agreement. This gave each country the opportunity to trade industrial products duty-free. The free trade agreement has also made it possible not to set quotas for the number of goods traded. [6] Later in 1999, the EU and Switzerland formed a set of seven agreements called Bilateral Agreements I. These agreements include the free movement of persons, non-tariff barriers to health, safety and environmental protection, public procurement, agriculture and air and land transport. . . .