Tuesday, 02 January 2024 12:17 GMT

Swiss Business Lobby Hails Recent EU Deal


(MENAFN- Swissinfo) The Swiss Business Federation (economiesuisse) has welcomed the recent Swiss-EU deal to overhaul their trade ties. The new package of bilateral agreements will improve cooperation with Brussels and ensure a stronger position, federation officials declared on Tuesday.

This content was published on February 4, 2025 - 15:49 4 minutes RTS

Get the most important news from Switzerland in your inbox

Economiesuisse President Christoph Mäder told reporters in Bern that Swiss business circles had drawn a positive assessment of the package of agreements concluded with the EU last year, which will enable access to the European market to be consolidated in the long term.

More More The Swiss-EU bilateral treaty updates, explained

This content was published on Jan 29, 2025 Switzerland has negotiated a new agreement with the EU, marking a new chapter in the history of a complex relationship. What is set to change?

Read more: The Swiss-EU bilateral treaty updates, explaine

Cooperation programmes negotiated in specific areas, such as research and development via the Horizon Europe programme, are extremely positive, says economiesuisse. The federation also welcomes the fact that a safeguard clause was integrated into the deal on the issue of free movement.

Specific proposals on how to implement the deal in Switzerland will now be decisive for the final evaluation of the bilateral agreements, it said.

In any case, the flexibility of the labour market will not be negotiable, added economiesuisse.

Strengthening Swiss attractiveness

Following recent signals from US President Donald Trump, economiesuisse believes Switzerland should boost its attractiveness.“We must overcome blockages and vested interests. Ensuring prosperity and security today requires a spirit of collective responsibility and courageous decisions,” said Mäder.

“More competitiveness, more security, more cooperation. This must be the direction for Europe and Switzerland in the years to come.”

MENAFN05022025000210011054ID1109170068


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.