24.11.2016

Switzerland opens the door to Britain rejoining EFTA

400Swiss President Johann Schneider-Ammann said on Monday his country would consider letting Britain join the European Free Trade Association (EFTA) when it eventually leaves the European Union following June's Brexit referendum.

"I told my colleagues if the U.K. approaches EFTA to explore the possibility of joining EFTA, Switzerland would be open to discussions," Johann Schneider-Ammann told the Geneva Press Club after an EFTA ministerial meeting.

Schneider-Ammann added another solution would be a free trade agreement between Britain and EFTA, the small club of nations - Norway, Iceland, Liechtenstein and Switzerland - that has access to the European single market without being part of the EU.

A country-to-country arrangement could also be considered, Schneider-Ammann said. "Switzerland wants to avoid a legal void when the UK leaves the EU," he said. "Therefore all options are open." 






Events


Semptember 2015
  • 01
    Mar

    The Lead Quantitative & Asset Management Event in Europe

  • 16
    Mar

    Das Swiss Funds & Asset Management Forum ist die national führende Konferenz der Fonds- und Asset M

  • 20
    Mar

    Seize the opportunity to get up to date on the topics of secondary buyouts, the real estate bubble,

  • 15
    May

    The aim of this forum is to offer an additional incentive for pension fund representatives to visit

  • 06
    Jun

    The aim of this forum is to offer an additional incentive for pension fund representatives to visit

See All

newsletter

Updates and news from MarketPlus