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ZURICH (Reuters) -The Swiss cabinet on Friday said it has approved the agreements struck with the European Union last year to regulate their relationship and has now launched a domestic consultation process.
The uncertain global geopolitical situation made it a “strategic necessity” for Switzerland to maintain stable and predictable relations with the European Union, its biggest trading partner, the government said.
“After Switzerland brought the negotiations with the EU to a successful close in December 2024, the Federal Council finalised the implementing legislation and accompanying measures,” the cabinet said.
Issues such as wage protections, immigration and electricity as well as the type of referendum to be held on accepting the proposals have all been agreed over…more
Source finance.yahoo.com
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