Switzerland Faces Certification Challenges with EU Trade Relations
Switzerland’s exports to the EU, worth approximately 138 billion Swiss francs, require certification for many goods. Without a new agreement, companies may face increased bureaucracy and costs, as the EU may not recognize Swiss certificates. The Swiss Tech Industry Association warns that certain sectors, notably medical technology, have already seen negative impacts. While some see opportunities for improvement without an EU deal, many believe that a new certification agreement is essential for economic stability.