Skip to main content

EU/EFTA trade in services

Switzerland maintains close ties with the European Union (EU) in the area of trade in services, as well as preferential relations with its EFTA partner countries Iceland, Liechtenstein and Norway.

EU and EFTA flags side by side.

Swiss-EU relations in the field of trade in services

Switzerland and the European Union (EU) have very close ties in trade in services. Switzerland is the EU's third largest trading partner in services, behind the United Kingdom, the USA and ahead of China. For Switzerland, the EU is the most important trading partner for services.

Trade relations between Switzerland and the EU in services are currently covered in international treaties by the GATS, the Agreement concerning direct insurance and the Bilateral Agreements I (free movement of persons, air transport and land transport).

The Convention establishing the European Free Trade Association (EFTA)

Switzerland has a preferential relationship in the services sector with its three EFTA partners Iceland, Liechtenstein and Norway. This preferential relationship is established within the framework of the EFTA Convention, the consolidated version of which, in accordance with the Vaduz Agreement of 21 June 2001, entered into force on 1 June 2002.

Article 29 of the Convention provides for the prohibition of any restriction on the right to supply services by a service supplier from an EFTA country within the territory of another EFTA country. Exemptions to this principle are set out in Annexes L to O of the Convention. Article 20 and its Annex K deal more specifically with the supply of services by a natural person.

The WTO building on Lake Geneva

WTO/GATS

The GATS Agreement is a key component of the WTO’s multilateral trading system and governs international trade in services.

A Swiss flag and an EU flag

European Union (EU)

The EU is by far Switzerland’s most important trading partner.

The four national flags of Iceland, Liechtenstein, Norway, and Switzerland arranged around the word EFTA.

European Free Trade Association (EFTA)

Founded in 1960, EFTA has evolved from a tariff-reduction initiative into a key platform for the joint negotiation of modern free trade agreements.

Contact

State Secretariat for Economic Affairs SECO
Foreign Economic Affairs Directorate
Special Foreign Economic Service / Services
Holzikofenweg 36
CH - 3003 Bern