Switzerland and the EU are set to approve a package of agreements on their relations this week, after years of negotiations. The deal, which aims to simplify and harmonize ties between the two sides, could be a major step forward for Switzerland, which is not part of the EU but is its largest trading partner. The talks had stalled in 2021, but resumed in March with both sides expressing hope for a deal by the end of the year. The only remaining issue is the amount Switzerland should pay into the EU’s Cohesion Fund, which aims to reduce economic and social disparities in the bloc. If approved, the deal would allow Switzerland to maintain its access to the European market and develop ties in important areas. The agreement could also have a positive impact on the Swiss economy, which has been struggling due to the uncertainty surrounding its relations with the EU. However, the deal still needs to be approved by Swiss lawmakers and could face a referendum, which could potentially derail the agreement.
Dom. Dic 22nd, 2024
