Switzerland Major Trade Agreements

Around 73% of Swiss importers have made use of free trade agreements, SECO announced on Tuesday. Switzerland`s trade policy refers to Switzerland`s approach to importing and exporting with other countries. Swiss consumers and importers saved 2.5 billion francs ($2.7 billion) in 2018 thanks to lower tariffs under free trade agreements, according to a study. Free trade agreements aim to improve trade relations with important partners around the world. The aim is to eliminate or at least minimise obstacles to international markets for the Swiss economy. Tariffs and non-tariff barriers (e.g. (B technical rules, packaging and labelling rules, import quotas) will be abolished. Types of cumulation: bilateral cumulation: only with matters of both (bilateral) partners (e.g.B. Switzerland-Japan or EFTA-Colombia). Diagonal cumulation: possible with materials from several free trade partners, provided that all apply the same country of origin rules (e.g. EU.B-EFTA-Turkey). Euro-Med cumulation: it is also possible to do this with materials originating in the Mediterranean countries, provided that all the free trade partners concerned apply the same country of origin rules and that there are agreements between them.

Participating countries: Egypt, Algeria, Israel, Jordan, Lebanon, Morocco, Syria, Tunisia, the West Bank and Gaza Strip, as well as the Faroe Islands. With effect from 1 January 2012, the following Western Balkan countries were also included in the Euro-Med cumulation area: Albania, Croatia, Macedonia and Serbia. Cumulation is not yet possible for trade with the EU, nor does it apply to agricultural products listed in Chapters 1 to 24. Pan-European cumulation: with materials originating in EFTA, the EU or Turkey. Total cumulation: the appropriate processing must not take place in the customs territory of a single country, but may take place throughout the territorial territory of a free trade agreement. Total cumulation is only provided for under the EFTA-Tunisia Free Trade Agreement. SME portal: Information and links to foreign trade for SMEs Switzerland has been a member of the World Trade Organisation since July 1995. Within the framework of the WTO, Switzerland is committed to reducing tariffs and keeping services markets open. The WTO ensures that all Member States comply with the requirements imposed on them and that the requirements are properly implemented.

With its accession, Switzerland is able to calm trade disputes with other countries over the WTO.

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