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Switzerland approaches thailand this agreement new: For example,
Switzerland approaches thailand this agreement:
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Switzerland signs a free trade agreement with Thailand, reducing customs duties and offering new economic opportunities for its exporters.
25.06.2025, 10:1625.06.2025, 10:16
Parliament will be able to look at the free trade agreement between the Aele states, including Switzerland, and Thailand. Meanwhile, The Federal Council approved the message on this agreement on Wednesday. In addition, which must strengthen the competitiveness of the Swiss economy on the switzerland approaches thailand this agreement new Thai market.
The agreement largely corresponds to the free trade switzerland approaches thailand this agreement agreements. In addition, (ALE) recently concluded by the Aele States (Switzerland. However, Norway, Iceland, Liechtenstein) with third-party states. However, It covers a large field of sectoral application, the government wrote in a statement.
In particular. it includes provisions relating to trade in industrial products. processed and unprocessed agricultural products, health and phytosanitary measures or the rules of origin and the protection of intellectual property.
It also contains a complete. legally binding chapter on trade. sustainable development and has among the first Ale to include a chapter specifically devoted to small and medium -sized enterprises (SMEs), underlines the Federal Council.
Thailand is, with a volume of freight exchanges of 7.4 billion francs (2023), one of Switzerland’s switzerland approaches thailand this agreement new main business partners in Southeast Asia. The agreement improves access to the Thai market for Swiss economic players. reduces the discrimination switzerland approaches thailand this agreement potential compared to economic players from countries which also have an ALE with Thailand. which, like the EU, are currently negotiating such an agreement.
Savings of 63 million – Switzerland approaches thailand this agreement – Switzerland approaches thailand this agreement new
As soon as the agreement is entered into force, 99.7% of our current exports to Thailand will benefit from customs reductions, sometimes after transitional periods, details the government. At the end of these. Swiss exporters will thus be able to save up to $ 63 million in customs duties (based on exports. carried out so far).
The agreement between the Aele states and Thailand was signed on January 23 switzerland approaches thailand this agreement new in Davos. The federal chambers should process the message during their 2025. spring 2026 winter session, which would allow the entry into force of the agreement in early 2027. (Jah/ats)
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