Switzerland signs off on post-Brexit trade agreement with UK

Suspicions that Switzerland and the UK have been quietly working behind the scenes to draw up a post-Brexit economics and trade agreement have now been confirmed.

On Friday, the Swiss government announced it had signed off on the text of the new agreement it said should form the basis of business and trade relations between the two countries after the UK quits the European Union.

Trade between Switzerland and the UK was worth 17.5 billion Swiss francs (€15.5 billion) last year. The UK was Switzerland’s sixth biggest export market in 2017 and its sixth largest direct investor in 2016.

 

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