The agreement builds on the existing trade agreement between the UK and Switzerland and will enter into force on 1 January 2021.Together, these agreements will support trade worth more than £37 billion and ensure access to low or zero tariffs for thousands of products such as cars, medicines and watches. This year, around 3,800 UK service providers are registered with the Swiss authorities. “The agreement thus allows the Swiss economy to continue to benefit in a timely manner from short-term services provided by British companies,” a press release said. The United Kingdom has signed a transport agreement with Switzerland. The agreement ensures that British carriers will be able to continue to operate with a Community licence in Switzerland as soon as the agreement enters into force. Switzerland and the United Kingdom have already concluded several agreements to regulate bilateral relations in the post-Brexit period. These concern trade, road transport, air transport, insurance and citizens` rights. In the autumn, nations will again debate their common financial targets and an interim review will be made at the end of the year. The United Kingdom has signed a trade agreement with Switzerland. The updated certificates of origin will be available as soon as the agreement is effective by your usual supplier, e.g. chambers of commerce. Certificates are very similar to the quotas currently in use. They will denounce the UK as the place of origin and not the EU.
British and Swiss companies will welcome this agreement. Mobility is an important foundation for successful business relationships and exceeds expectations of what many people thought they would accomplish in the time available. See the list of minimum transactions in Article 7 of the Protocol on Rules of Origin in the text of the trade agreement between the United Kingdom and Switzerland. You can obtain certificates of origin a posteriori from your usual supplier as soon as the contract takes effect, for example the chambers of commerce. The tariff quotas in the agreement have been specially adapted to the United Kingdom. Both the existing GIs of the United Kingdom and Switzerland remain covered by this Agreement. This agreement protects 45 geographical conditions of the United Kingdom. For the latest information, see: EU trade agreement with Switzerland The agreement is part of Switzerland`s “Mind the Gap” strategy to maintain its economic relations with Britain after the end of the European Union.
The two countries have already agreed that current cross-border workers will be able to retain their legal employment status in the event of a no-deal Brexit. You should inquire with the competent customs authorities about your trade between the United Kingdom and Switzerland. In particular, the rules of origin agreed under the trade agreement between the United Kingdom and Switzerland will be reviewed no later than thirty months after the entry into force of the trade agreement. The agreement does not apply to trade in services. Indeed, there is currently no specific EU-Switzerland agreement on trade in services. However, we have taken steps to ensure that trade in services between the UK and Switzerland can continue from 1 January 2021. The United Kingdom left the European Union on 31 January 2020. The withdrawal of the United Kingdom opened a transition period until 31 December 2020, during which the bilateral agreements between Switzerland and the EU continue to apply to the United Kingdom. Subsequently, new bilateral agreements between Switzerland and the United Kingdom will apply. The initial agreement has a duration of two years to ensure continuity immediately after the transition period. It will help lay the foundations for a better trading relationship between Switzerland and the UK in Switzerland in the future. The agreement provides the key issues demanded by techUK members before the negotiations.
It ensures the continuity of existing trade agreements and provides a solid basis for what we hope will be an equally ambitious future free trade agreement. The agreement is expected to enter into force on 1 January 2021 (or as soon as possible). Swiss Finance Minister Ueli Maurer and his British counterpart Rishi Sunak signed a joint statement at a virtual meeting on Tuesday. . . .