Switzerland also aims to further reduce technical barriers to trade through its bilateral free trade agreements. The Swiss Federal Customs Administrationlists the customs tariff (Tares) their website free of charge. Switzerland is currently the 16th largest export market for U.S. goods. Technical barriers to trade TBT Agreement between the European Community and the Swiss Confederation on mutual recognition in relation to conformity assessment - Official Journal L 114, 30/04/2002 P. 0369 - 0429 U.S. agricultural product access to the Swiss market further faces challenges from restrictive private standards and certain government regulations. Switzerland formed a customs union with Liechtenstein in 1924. A non-tariff barrier is a measure other than a customs duty (technical, packaging or labeling standards, contingents, etc.) Get by Email • RSS. This agreement provides for the mutual recognition of conformity assessments in Switzerland and the EU for the majority of industrial products. According to the CEO, the company is also facing increasing challenges to international trade as its exports grow. The Swiss-U.S. Privacy Shield aligns with the EU-U.S.  Privacy Shield and replaces the previous U.S.-Swiss Safe Harbor Framework. It signed the agreement on 2 May 1992, and submitted an application for accession to the EU … Switzerland - Trade Barriers Includes the barriers (tariff and non-tariff) that U.S. companies face when exporting to this country. Merchandise Trade statistics data for Switzerland (CHE) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. Imports of nearly all agricultural products, particularly those that compete with Swiss products, are subject to seasonal import duties, quotas, and import licensing. Agricultural products not produced in Switzerland, such as tropical fruit and nuts, tend to have lower tariffs. Swiss agriculture is highly subsidized and regulated, with price controls, production quotas, import restrictions, and tariffs all supporting domestic production. Bilateral trade between the UK and Switzerland is worth over £31.9 billion a year. The U.S. goods trade deficit with Switzerland was $26.7 billion in 2019. With a open economy, Switzerland provides low prices when referring to manufactured goods; it also provides suitable policies forimport-export matters. The EU is the most important export market for Switzerland, Relations with European countries at the FDFA website, Bundesgesetz über die technischen Handelshemmnisse (THG) (only in German) (PDF, 153 kB, 14.11.2019), Abkommen vom 21. Solutions exist to limit this impact, however. Another barrier for U.S. brands represented by these major retail chains is their policy not to sell foods produced with agricultural biotechnology. The business links between Switzerland and the UK are extremely strong with more than 80 flights per day linking the UK with Switzerland. Merchandise Trade statistics for Switzerland (CHE) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. Switzerland's favorite destinations tend to have the most trade barriers. Sign up to our SME newsletter to stay informed. The LETC was revised in 2010 to integrate the unilateral application by Switzerland of the Cassis de Dijon principle. Switzerland earns every third franc through trade with the EU. Switzerland is a member of European Free Trade Association (EFTA), alongside Liechtenstein, Iceland and Norway. For further information, visit t… The existence of non-tariff barriers imposed by countries can restrict Swiss SMEs' access to the European Union (EU) market. Trade barriers are government-induced restrictions on international trade.. Economists generally agree that trade barriers are detrimental and decrease overall economic efficiency; this can be explained by the theory of comparative advantage.. Questions? As a consequence of the rejection of the EEAmembership in 1992, Switzerland and the EU agreed on a package of seven sectoral agreements signed in 1999 (known in Switzerland as "Bilaterals I"). Switzerland pursues an active free trade policy and offers Swiss companies access to larger sales markets and greater legal certainty through free trade agreements. Switzerland’s demands for trade to be liberalised are hypocritical and made for selfish reasons. The Swiss State Secretariat for Economic Affairs (SECO) provides companies with a list of contacts for any questions about the Agreement on Technical Barriers to Trade or about certain groups of products in particular. Although Switzerland generally maintains high standards of intellectual property rights (IPR) protection and enforcement and makes important contributions to promoting such protection and enforcement internationally, Switzerland remained on the 2018 Special 301 Watch List due to the lack of sufficient measures to address online copyright piracy. Conformity tests determine whether a product meets current standards and is therefore suitable for introduction on the market. Juni 1999 zwischen der Schweiz und der Europäischen Gemeinschaft über den Handel mit landwirtschaftlichen Erzeugnissen (only in German), EasyGov.swiss – the online desk for companies. Published on Sep 26, 2020. 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