Switzerland Japan Free Trade Agreement
marekbilek.cz - 12.4.2021In order to strengthen these ties, Switzerland and Japan signed a cooperation agreement in the field of science and technology in 2007, following which a bilateral programme was launched. A joint committee meets regularly to discuss issues of common interest. UNCTAD`s Work Programme on International Investment Agreements (IAA) actively supports policy makers, government officials and other IIA stakeholders in the IIA reform to make them more conducive to sustainable development and inclusive growth. International investment rules are established at bilateral, regional, inter-regional and multilateral levels. It requires policy makers, negotiators, civil society and other stakeholders to be well informed about foreign direct investment, international investment agreements (AI) and their effects on sustainable development. Key objectives of UNCTAD`s IIA work programme – Reform of the International Investment Agreements (IIA) regime to improve the dimension of sustainable development; A comprehensive analysis of key issues arising from the complexity of the international investment regime; Development of a wide range of instruments to support the development of a more balanced international investment policy. Most Swiss agreements are concluded under the European Free Trade Association (EFTA). In addition, Switzerland also has the right to negotiate free trade agreements without efTA participation, as has been the case, for example, with China, Japan and the Faroe Islands. The export or export administrators concerned must at least be familiar with the fundamental principles underlying the application of free trade agreements and know the applicable rules. More information on country of origin rules and country of origin products is available in the country of origin. Free trade agreements aim to improve trade relations with key partners around the world. They aim to remove or, at the very least, minimize barriers to international markets for the Swiss economy. The aim is to reduce tariffs and non-tariff barriers (for example.
B technical regulations, packaging and labelling requirements, import quotas). A Swiss Business Hub in Tokyo is responsible for promoting trade in Switzerland. Free trade agreements are international treaties between two parties (countries or transnational groups) to ensure free trade. Jean-Franéois Paroz, Ambassador of the Swiss Embassy to Japan: „Despite a population of only 8.5 million and a territory the size of Kyushu, Switzerland can be described as an economic force. It is one of the world`s top 20 economies in terms of gross domestic product, trade in goods and services and is among the top 10 in terms of foreign direct investment. Switzerland regularly ranks high on the highest level in international rankings such as the Global Competitiveness Report and the Global Innovation Index. All this makes Switzerland an attractive place of activity and an economic partner. Types of accumulation: bilateral accumulation: only with primary subjects of the two free trade partners (bilateral) (for example. B Switzerland-Japan or AELE-COLOMBIA). Diagonal accumulation: possible with primary subjects of several free trade partners, as all apply the same country of origin rules (e.g.B. EU-EFTA-Turkey). Cumulative euro-med: this is also possible with primary materials from Mediterranean countries, since all the free trade partners concerned apply the same country of origin rules and there are agreements between them.