Update to show that the UK has in principle reached a trade agreement with the Customs Union for Southern Africa and the trade bloc of Mozambique. Find out what new trade deals will be in place in the event of a Non-Brexit Deal. Benefits of agreements In 2013, 22.6% of Switzerland`s total exports will be concluded with free trade partners, with the exception of the free trade agreement with the EU. This represents 51% of Swiss exports to markets outside the EU. In particular, free trade agreements promote the growth, added value and competitiveness of Switzerland`s economic site. An updated overview of the Swiss free trade agreements network can be found in the www.seco.admin.ch section. Changes to the table “Trade Agreements outstanding”: “Percentage of total trade in the UK, 2018” has been updated following the publication of trade statistics from the Office for National Statistics. Negotiated agreements, meetings, fact sheets, circular reports Free trade agreements aim to improve trade relations with key partners around the world. They aim to remove or, at the very least, minimize barriers to international markets for the Swiss economy. The aim is to reduce tariffs and non-tariff barriers (for example. B technical regulations, packaging and labelling requirements, import quotas). Although the WTO is generally referred to as a “free trade institution,” it sometimes allows tariffs and, in limited circumstances, other forms of protection.

In practical terms, it promotes a system of rules for open and fair competition. The manufacture of products in the Country of Origin in Switzerland should not be subject to the use of primary materials that do not meet the criteria of the country of origin which are subject to restitution or suspension of customs duties (for example. B, goods imported and re-exported to the processing facility). This rule does not apply to agreements with Singapore, South Korea, SACU, Canada, Japan, Colombia and Peru. The South Korean list has been updated, with the UK signing a trade agreement with South Korea. The European Commission reports annually on the implementation of its main trade agreements in the previous calendar year. New Zealand and the GCC countries are a natural point of agreement on trade. The European Union has free trade agreements [1] and other agreements with a trade component with many countries around the world and negotiates with many other countries. [2] on the EU free trade agreements in which the UK currently participates in the SME sector.