BREXIT – important information

/by
Scheme existing agreements EU EFTA CH
Free movement of goods, services and capital Yes Yes Yes
Free movement of people Yes Yes Yes
Free to negotiate trade deals and set tariff levels with non-EU countries No Yes Yes
EU laws and regulation; Influence Yes Very limited No
EU laws and regulation; Compliance Yes Yes Yes, with exceptions
Fiscal contribution Yes Yes, 85%

of full rate

 Yes, 52%

of full rate
Common Agricultural Policy (CAP) Yes No No

 

What does this mean in respect to the hanging Mass Immigration Initiative? The sovereign’s decision has to be implemented by February 2017. A prompt agreement with the EU regarding the the contentious “safeguard clause” however moves into the far future. On Brussel’s priority list, Switzerland moves back.

Possibilities for next steps:

  • Switzerland allies itself with the UK
  • Switzerland awaits further exists of EU countries
  • A new union is built
  • The EU restructures itself and goes about new negotiations with Switzerland

Until a final exit, the UK exerts EU rules for the next 2 years. During this period, Switzerland must renegotiate the economic relations with the UK – mainly the Free Trade Agreement – but also many other domains which until now were regulated over the Bilateral Treaties I and II (Air transport, movement of persons, cooperation in sciences, taxation, security ecc.)