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The Switzerland–United Kingdom free trade agreement (SUKFTA) is a proposed free trade agreement which began negotiations on 15 May 2023. [1] The trade agreement would be the third FTA to cover Switzerland–UK trade, superseding the Switzerland–UK Trade Continuity Agreement, updating the deal to cover services and digital trade. [2]
[6] [7] Trade value between Switzerland and the United Kingdom was worth £53,551 million in 2022. [8] On 15 May 2023, the United Kingdom and Switzerland talked on an upgraded free trade agreement, with Kemi Badenoch, British trade secretary, flying to Bern aiming to boost financial and professional services exports. [9]
The UK has no free trade agreement with any of the EU Overseas Countries and Territories. Greenland and the UK have opened negotiations for a free trade agreement. [168] [169] Montenegro: 1 15 October 2007 1 May 2010 1 January 2021 Goods & Services The UK has no free trade agreement with Montenegro. [170] [109]
UK–Denmark (Faroe Islands) free trade agreement: UK Denmark (Faroe Islands) January 31, 2019 UK–Israel free trade agreement: UK Israel February 18, 2019 UK–Switzerland free trade agreement: UK Switzerland February 11, 2019 Armenia–Kazakhstan free trade agreement: Armenia Kazakhstan December 25, 2001
The Biden-Harris administration has ceased U.S.-U.K. trade negotiations, leaving the U.S. with high barriers to trade. One obvious solution is for the U.K. to join USMCA, which was successfully ...
The European Free Trade Association (EFTA) is a regional trade organization and free trade area consisting of four European states: Iceland, Liechtenstein, Norway and Switzerland. [4] The organization operates in parallel with the European Union (EU), and all four member states participate in the European single market and are part of the ...
The BSCC promotes trade and investment between Switzerland and the UK. Through networking events, advisory services and market analyses, it supports companies from both countries in opening up new markets and expanding their business relationships. The organisation's activities are aimed at reducing trade barriers and facilitating bilateral ...
Switzerland signed a free-trade agreement with the then European Economic Community in 1972, which entered into force in 1973. [2] Switzerland is a member of the European Free Trade Association (EFTA), and took part in negotiating the European Economic Area (EEA) agreement with the European Union. It signed the agreement on 2 May 1992, and ...