Open figure viewer
Significance
Political divisions in Switzerland have put the deal on hold. By threatening some of Switzerland's existing privileges, the Commission is seeking to increase the pressure for the signature and ratification of a deal agreed in late 2018.
Impacts
The experience of negotiating Brexit will make the EU less willing to give concessions to third countries over single market access.
Switzerland's export industries and financial services firms would be worst affected if the IFA collapses.
The Swiss economy would be one of the worst-affected in Europe from global reforms to corporate tax structures.
Keywords:
EU,
Switzerland,
EUR,
EU/SWITZERLAND,
economy,
industry,
international relations,
politics,
social,
foreign investment,
foreign policy,
foreign trade,
government,
aid,
environment,
immigration,
judicial,
labour,
legislation,
party
© Oxford Analytica 2021. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2021
You do not currently have access to this content.
