Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

Swiss sign free-trade treaty with Georgia

byCT Report
28/06/2016
in Uncategorized
Share on FacebookShare on Twitter

GENEVA: EFTA states Switzerland, Norway, Iceland and Liechtenstein have signed in Bern a free-trade agreement with Georgia, represented by Prime Minister Giorgi Kvirikashvili. Brexit was also placed on the agenda at short notice.

Swiss Economics Minister Johann Schneider-Ammann, who holds the rotating Swiss presidency this year, received Kvirikashvili for an official working visit on Monday. Bilateral talks focused on efforts to promote peace in the Caucasus and Switzerland’s cooperation strategy for the South Caucasus region, a longstanding priority in its development cooperation programme.

You might also like

New transit framework with Iran to position Pakistan as regional trade hub: ICCI

28/04/2026

Pakistan not seeking new financing from friendly countries: Aurangzeb

28/04/2026

The particular focus was on economic development and employment, public services and human security, according to a government statement. Schneider-Ammann said Switzerland would continue its involvement in South Caucasus and Georgia beyond the Cooperation Programme 2013-2016.

He also stressed that Switzerland was ready to support Georgia’s efforts for better relations with Russia. As part of its protecting power mandate, Switzerland has represented the interests of Georgia in Moscow and the interests of Russia in Tbilisi since March 2009.

The delegations also discussed the important role of the Organization for Security and Co-operation in Europe (OSCE) in trouble spots in the region.

The four EFTA states also opened official free-trade negotiations with Ecuador, which was represented, among others, by Minister for Foreign Trade Juan Carlos Cassinelli.

Further planned talks at the EFTA ministerial conference in Bern concerned ongoing negotiations with India, Indonesia, Malaysia and Vietnam.

Schneider-Amman said the agenda of the EFTA meeting had been adapted at short notice – following requests from the EFTA states – to address the recent decision by British voters for Britain to leave the European Union.

He emphasised that this was to discuss possible consequences of Brexit for the free-trade organisation and not whether Britain should be invited to return to the “EFTA family”. Britain was previously a member from 1960 until 1973, when it left to join the EU.

Schneider-Ammann said that while Britain and the EU were discussing modalities for Brexit, no changes would take place in the relationship between EFTA and Britain. Such discussions “would not be appropriate”, he said.

“It would be arrogant for EFTA to offer itself to Britain now,” he said, adding that it was too early to say when such negotiations would be opportune.

He didn’t deny that Britain joining EFTA would fundamentally change the organisation – and that this was an attractive thought – “but for the time being we have a different priority”.

“We must ensure that no legal uncertainty is created,” Schneider-Ammann said. “The current treaty between Britain and EFTA will dissolve on the day Britain leaves the EU. On the day that happens, EFTA must have a new a treaty ready so that market access to one of its most important trade partners can be guaranteed further.”

Related Stories

New transit framework with Iran to position Pakistan as regional trade hub: ICCI

byCT Report
28/04/2026

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI), has warmly welcomed the federal government’s recent decision to facilitate the transit...

Pakistan not seeking new financing from friendly countries: Aurangzeb

byCT Report
28/04/2026

SLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Aurangzeb has said that Pakistan has no intention to seek new...

Pakistani seafarers set sail on Norwegian-flagged ships under fresh MoU: Junaid Anwar Chaudhry

byCT Report
28/04/2026

ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry welcomed the signing of a memorandum of understanding (MoU) with...

PRA chairman reviews service sector’s revenue targets

byCT Report
28/04/2026

LAHORE: Punjab Revenue Authority Chairman Moazzam Iqbal Sipra chaired a meeting to review progress on revenue targets from the services...

Next Post

Sri Lanka’s Finance Ministry calls proposals to amend customs ordinance

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.