17. September 2025|
AI
|3 months agoSwitzerland Forms New Trade Alliance with Small Economies
Switzerland launches the Future of Investment and Trade Partnership with 13 other small and medium-sized economies to strengthen global trade relations.
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Generated IllustrationKey Takeaways
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- Switzerland has launched the 'Future of Investment and Trade Partnership' (FIT) alongside 13 other nations.
- The participating countries are Brunei, Chile, Costa Rica, Iceland, Liechtenstein, Morocco, New Zealand, Norway, Panama, Rwanda, Singapore, Switzerland, the United Arab Emirates, and Uruguay.
- The partnership operates as a network without legal obligations or a formal organizational structure.
- Switzerland played a heavy role in the conceptualization of the initiative and will maintain a leading role.
By The Numbers
14
countries
4
priority themes
They Said
"The thematic priorities are the resilience of supply chains, the dismantling of non-tariff trade barriers, investment facilitation and the use of new technologies in trade."
"The current trade policy environment is characterised by tensions and uncertainties."
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