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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Switzerland is considering a "free trade" deal with America

    Rocky
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    • Post n°1

    Switzerland is considering a "free trade" deal with America Empty Switzerland is considering a "free trade" deal with America

    Post by Rocky Sun 30 Sep 2018, 5:05 am

    [rtl]Switzerland is considering a "free trade" deal with America
    [/rtl]




    [rtl]
    Swiss Economy Minister Johann Schneider Aman said a free trade agreement with the United States could be negotiated again and expressed the desire to resume talks that have stalled for more than a decade. 

    In remarks to Swiss public radio station SRF on Monday evening, following voters' rejection of two initiatives calling for a more equitable and environmentally sound agriculture, Schneider said: "We are looking into whether it is possible Resume discussions, which we have already tried in 2006. " 

    According to the Swiss Agency for Services, the Federal Economy Minister also said that Switzerland took the lesson from the failed 2006 discussions and would be more cautious in exploring solutions to reach  a free trade agreement between the two countries.

    He added that a negotiating mandate "sooner or later" would be presented to the committees on foreign policy and trade in the two chambers of parliament. 

    The US market is the largest market for Swiss exports after the European Union. According to Schneider Aman, free access to this duty-free market will be very attractive to the Swiss economy as long as the competition does not enjoy the same status. 

    At the end of August, US Ambassador to the Swiss Confederation Edward McMullen encouraged Switzerland to enter into  new trade talks with his country. 

    "A free trade agreement between the two countries would be a good thing," Mullen told the weekly Neue Tsurker Zeitung am Sonntag, a German-language newspaper in Zurich. "It is up to Switzerland to take the first step."

    Attempts to negotiate a free trade agreement between Berne and Washington were halted nearly 12 years ago because of resistance from the Swiss agricultural sector. 

    The  Swiss banks have been exposed to the campaign bank fines in America over the past years, because of the concealment Mtherbh US accounts of tax, it is expected to address any agreement between the two private sectors banking and agricultural disputes. 

    "The Swiss economy is expected to grow this year at a faster rate than European economies," according to official statistics. The European Commission revised the Swiss growth rate for 2018 from 2.4 percent to 2.9 percent. 




    The Swiss economy is benefiting from the ability to attract investments, as the strength of the Swiss franc and global confidence in the banking system gives a strong boost to growth, according to official data. 

    Unemployment in Switzerland is continuing to fall, and is expected to end the year at an annual rate of 2.6%, and inflation is expected to rise to 1%. [/rtl]

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