Switzerland–Liechtenstein–United Kingdom Trade Agreement

See also: Switzerland–United Kingdom Free Trade Agreement

Switzerland–Liechtenstein–United Kingdom Trade Agreement
Agreement establishing a trade agreement between the United Kingdom of Great Britain and Northern Ireland, the Swiss Confederation and the Principality of Liechtenstein
  Switzerland
  United Kingdom
TypeFree Trade Agreement
ContextTrade continuity agreement between Switzerland and Liechtenstein, and the United Kingdom
Signed11 February 2019
LocationBern, Switzerland
Effective1 January 2021
Negotiators
Parties
Languages

The Switzerland–Liechtenstein–United Kingdom Trade Agreement is a plurilateral continuity trade agreement established to maintain and replicate, as far as possible, the pre-existing trade arrangements between the United Kingdom, Switzerland, and Liechtenstein following the UK's withdrawal from the European Union. The agreement ensures the continued flow of goods between the three countries, preserving economic stability and minimizing trade disruptions post-Brexit.[1][2]

Background

Prior to Brexit, trade relations among the UK, Switzerland, and Liechtenstein were governed by a network of agreements between the European Union (EU) and Switzerland, which were also extended to Liechtenstein due to its participation in the Swiss customs territory and the European Economic Area (EEA). These included the 1972 Free Trade Agreement for industrial products and the 1999 Agricultural Agreement, both of which ceased to apply to the UK after its departure from the EU.

To avoid disruption, the UK and Switzerland signed a bilateral continuity trade agreement in February 2019, which entered into force on 1 January 2021. To extend these arrangements to Liechtenstein, an additional agreement was concluded, creating the Switzerland–Liechtenstein–United Kingdom Trade Agreement.

See also

References

  1. ^ Department for International Trade; Fox, Liam (11 February 2019). "UK and Switzerland sign trade continuity agreement". GOV.UK. Archived from the original on 11 February 2019. Retrieved 16 March 2024.
  2. ^ Pickard, Jim (11 February 2019). "UK signs biggest trade deal since Brexit vote with Switzerland". Financial Times. Archived from the original on 12 February 2019. Retrieved 16 March 2024.
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