Switzerland has concluded a number of Free Trade Agreements (FTAs) with various countries and economic regions to facilitate international trade. Here are some of Switzerland’s most important Free Trade Agreements:
1.Agreements with the European Union (EU):
Switzerland has a series of bilateral agreements with the European Union, including Bilateral Agreement I (1999) and Bilateral Agreement II (2004). These agreements concern various aspects of cooperation, including trade.
2. Agreements with EFTA Countries:
Switzerland is a member of the European Free Trade Association (EFTA). It has concluded bilateral free trade agreements with various EFTA countries, including Norway, Iceland, and Liechtenstein.
3. Free Trade Agreement with China:
Switzerland has concluded a Free Trade Agreement with China, which entered into force on July 1, 2014. This agreement promotes trade and economic cooperation between the two countries.
4. Free Trade Agreement with Japan:
The Free Trade Agreement between Switzerland and Japan entered into force on September 1, 2009. It aims to promote trade and economic integration between the two countries.
5. Free Trade Agreement with Canada:
The Free Trade Agreement between Switzerland and Canada entered into force on July 1, 2009. It covers trade in goods and services, as well as investments.
6. Free Trade Agreement with South Korea:
The Free Trade Agreement between Switzerland and South Korea entered into force on July 1, 2006. It aims to promote trade and economic cooperation between the two countries.
7. Agreement with Mercosur:
Switzerland has signed a free trade agreement with the Mercosur member countries (Argentina, Brazil, Paraguay, and Uruguay). However, the ratification of the agreement is still pending.
It’s important to note that trade agreements can change, with new agreements being added or existing ones updated. Businesses engaged in international trade should therefore regularly inform themselves about current free trade agreements to benefit from the associated advantages. Information on the latest developments and specific agreements can be obtained from official Swiss authorities or trade organizations.
