PRESS
RELEASE: PRESS/TPRB/240
15 and 17 December 2004
TRADE POLICY REVIEW: SWITZERLAND/LIECHTENSTEIN
Further multilateral market opening would provide greater advantages
The Swiss and Liechtenstein economies have shown differing trends in growth since the last joint review of their trade policies in 2000. Liechtenstein has grown rapidly with increasing employment and a diversification of its economy, while the Swiss economy is recovering from a prolonged period of stagnation, according to a Trade Policy Review report on Switzerland and Liechtenstein published by the °ÄÃÅÁùºÏ²Ê¹ÙÍø×ÊÁÏ Secretariat.
Both Switzerland and Liechtenstein are heavily dependent on external
trade. The main thrust for change in their trade policies has come from
the bilateral agreements between Switzerland and the expanding European
Union (EU) which have resulted in notable market liberalization between
the two partners, and from Liechtenstein’s membership of the European
Economic Area (EEA).
The report says that, in some areas, the pursuit of common regulations
between Switzerland, Liechtenstein and the EU/EEA will facilitate trade
with the rest of the world. However, it could also bias trade and
investment flows and policies in a Eurocentric direction at the expense
of other developed and developing countries. It is therefore important
for the authorities of both countries to consider the discriminatory
elements of the existing and new agreements, and the potentially greater
advantages of a market opening on an MFN basis.
The report highlights that both countries, with common customs tariffs
still entirely specific, have maintained generally liberal trade regimes
for non-agricultural goods and services, while maintaining strong
protection in agriculture and food processing.
The °ÄÃÅÁùºÏ²Ê¹ÙÍø×ÊÁÏ report, along with a policy statement by the Government, will be the basis for the Trade Policy Review (TPR) by the Trade Policy Review Body of the °ÄÃÅÁùºÏ²Ê¹ÙÍø×ÊÁÏ.
The following documents are available in MS Word format.
- Secretariat report
> Contents and summary observations (10 pages, 95KB)
> Economic environment (12 pages, 526KB)
> Trade and investment regimes (22 pages, 611KB)
> Trade policies and practices by measure (48 pages, 546KB)
> Trade policies by sector (65 pages, 784KB)
> Appendix tables (32 pages, 2775KB)
- Government report (36 pages,
272KB)
- Chairperson's concluding remarks
- Minutes
of the meeting are available approximately 6 weeks after the meeting.
Note back to top
Trade Policy Reviews are an exercise, mandated in the °ÄÃÅÁùºÏ²Ê¹ÙÍø×ÊÁÏ agreements, in which member countries’ trade and related policies are examined and evaluated at regular intervals. Significant developments that may have an impact on the global trading system are also monitored. For each review, two documents are prepared: a policy statement by the government of the member under review, and a detailed report written independently by the °ÄÃÅÁùºÏ²Ê¹ÙÍø×ÊÁÏ Secretariat. These two documents are then discussed by the °ÄÃÅÁùºÏ²Ê¹ÙÍø×ÊÁÏ’s full membership in the Trade Policy Review Body (TPRB). These documents and the proceedings of the TPRB’s meetings are published shortly afterwards.
Print copies of previous TPR publications are available for sale from the °ÄÃÅÁùºÏ²Ê¹ÙÍø×ÊÁÏ Secretariat, Centre William Rappard, 154 rue de Lausanne, 1211 Genève 21 and through the .
The TPR publications are also available from our co-publisher Bernan Press, 4611-F Assembly Drive, Lanham, MD 20706-4391, United States.
Schedule of forthcoming reviews back to top
Jamaica : 17 and 19 January 2005
Japan : 25 and 27 January 2005
Sierra Leone : 9 and 11 February 2005