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

Switzerland deepens customs cooperation with US

byCT Report
22/05/2019
in Uncategorized
Share on FacebookShare on Twitter

The Swiss customs office has agreed to forge closer links with counterparts in the United States as both countries flirt with the idea of reigniting free trade agreement (FTA) talks.

The Federal Department of Financeexternal link has signed a “legally non-binding” memorandum of understanding with the US Department of Homeland Securityexternal link to allow customs officials to deepen contacts and enhance cooperation, it was announced on Monday.

You might also like

Electricity price may rise as Discos seek extra fuel cost charge

18/04/2026

Pakistan returns to global markets with $500m Eurobond after four years

18/04/2026

“This memorandum of understanding provides a cooperation in customs matters with the main objective of facilitating trade while ensuring security between the two countries. It is agreed in the text that the parties provide mutual assistance in terms of capacity building in various areas,” read a statementexternal link.

“The implementation of this memorandum of understanding also provides a good opportunity to exchange views with the United States on some of the main topics dealt with by the World Customs Organisation, as well as on the standards that it is trying to develop in a harmonised way.”

Switzerland has been courting the US with the aim of kick-starting FTA negotiations that were attempted in 2006 but failed to reach agreement primarily over Switzerland’s stance on agriculture.

Swiss President Ueli Maurer last week visited the White House where the FTA was on the agenda of discussions with US President Donald Trump.

Maurer said that while no agreement has been made to start negotiations, he got the impression that the US wanted to reach an FTA with Switzerland before finalising such a deal with the European Union.

“I sensed that that was what they wanted. I don’t think Mr Trump is concerned about details. But he is positive and I assume that his negotiators will notice that as well,” Maurer said.

Related Stories

Electricity price may rise as Discos seek extra fuel cost charge

byCT Report
18/04/2026

ISLAMABAD: Electricity consumers may face higher power bills starting in May, as power distribution companies have requested the national energy...

Pakistan returns to global markets with $500m Eurobond after four years

byCT Report
18/04/2026

ISLAMABAD: Pakistan has re-entered the international financial market after a gap of four years by successfully issuing a $500 million...

Faisalabad Customs promotes EFS to boost efficiency: Collector Dr. Rizwan Basharat

byCT Report
18/04/2026

FAISALABAD: Officials from Pakistan Customs have urged exporters to fully utilise the Export Facilitation Scheme (EFS), highlighting that businesses at...

Aurangzeb advance economic diplomacy, engages global partners in Washington

byCT Report
18/04/2026

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, concluded final day of IMF-WB Spring Meetings in Washington. He...

Next Post

Irish bishops say Brexit means EU elections have ‘far-reaching implications’

  • 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.