Tuesday, 02 January 2024 12:17 GMT

EU Industrial Push Strains Ties With Switzerland And Norway


(MENAFN- Swissinfo) The European Union's closest economic partners are warning Brussels that its increasingly protectionist industrial policies risk shutting them out of a single market they have spent decades integrating with. Select your language
Generated with artificial intelligence. Listening: EU industrial push strains ties with Switzerland and Norway This content was published on August 28, 2026 - 09:16 6 minutes Mercedes Ruehl in Zurich and Mari Novik and Andy Bounds in Brussels, Financial Times

Switzerland, Norway, Iceland and Liechtenstein have built close economic relationships with the bloc, accepting swaths of EU rules and contributing billions to European programmes in return for varying degrees of access to its 450 million consumers.

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But as Brussels responds to competition from China and the US with subsidies, tariffs and“Made in Europe” requirements, that model is coming under strain. Measures intended to protect European industry from foreign competition are increasingly catching neighbouring countries whose economies and supply chains are deeply entwined with the EU.
“EU initiatives are increasingly oriented towards 'Made in EU' requirements,” Switzerland's State Secretariat for Economic Affairs told the FT, arguing that new measures should take account of“the entire European value chains, including Switzerland” if Brussels wants to strengthen the continent's resilience and competitiveness.

Swiss officials say the problems are often unintended rather than deliberately discriminatory - but that Bern is having to intervene more frequently to ensure it is not inadvertently treated like a distant third country.

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