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Switzerland Exploring Options For Freer Trade

by Ulrika Lomas, Tax-news.com, Brussels

06 July 2017


Swiss Federal Councillor Johann N Schneider-Ammann will this month travel to Russia, Indonesia, Saudi Arabia, and the US, with the aim of further developing Switzerland's bilateral trade relations with each country.

Schneider-Ammann heads up the Federal Department of Economic Affairs, Education, and Research.

Schneider-Ammann will first travel to Russia. According to the Federal Council, his meetings will focus on the state of and prospects for bilateral economic relations, cooperation in multilateral projects, and specific concerns held by both countries.

When Schneider-Ammann meets with Indonesian officials, the main topics for discussion will be the ongoing free trade negotiations between Indonesia and the European Free Trade Association (EFTA) and the renewal of the existing investment protection agreement.

In Saudi Arabia, Schneider-Ammann will seek to address the possibility of deepening bilateral economic relations, as well as the prospects and challenges the region presents, and issues of concern to Swiss businesses.

Finally, while in the US, Schneider-Ammann will discuss bilateral trade relations and will meet with members of Congress for an exchange of views on a range of economic and education issues.

TAGS: Russia | investment | business | Saudi Arabia | export duty | trade treaty | agreements | education | Indonesia | Switzerland | United States | import duty | trade | Education | Europe | Education

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