ZURICH — Switzerland is scrambling to keep a lid on immigration from its top trade partner, the European Union, as a jobs boom powered by the country’s low-tax business model turns population growth into a political hot potato. The issue helped derail talks in 2021 to overhaul rules governing some $338 billion of annual trade,...
Tag: European Union
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Swiss university set to restrict applications from Chinese students
It is one of the world’s most prestigious universities, training the top engineers and scientists of the future. But a recent move by Switzerland’s ETH Zurich (Federal Institute of Technology Zurich) to restrict admission of students from countries including China has been heavily criticised, with one Chinese scientist who spent years working in the country...
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Digital asset bank Sygnum eyes EU entry with Liechtenstein licenses – Ledger Insights – blockchain for enterprise
Today digital asset bank Sygnum said it has received regulatory approval for its local subsidiary to operate in Liechtenstein. It’s eyeing delivering services in the European Union with the core of the Markets in Crypto-Assets Regulation (MiCA) coming into force at the end of the year. Sygnum started as a Swiss regulated bank in 2019...
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Swiss Must Redefine Traditional Neutrality and Bolster Ties With NATO, Says Panel
(Bloomberg) — Switzerland should deepen military cooperation with NATO and the European Union, increase arms spending and rethink its non-aligned status, an independent panel has recommended in what would mark a bold departure from the country’s long-held neutrality. The recommendations, which will inform work on a new security strategy to be published next year, immediately...
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Pretty little ‘village’ which belongs to two European countries tourists love
This German ‘village’ is what is known as an enclave – completely surrounded by Switzerland, by the cantons of Schaffhausen, Zurich and Thurgau. The municipality of Büsingen am Hochrhein is separated from the rest of Germany by a narrow strip of land, just 680 metres at its narrowest point. The 10.7-mile border with Switzerland is...
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PM travels to Switzerland for peace summit as Ukraine faces setbacks on the battlefield | CBC News
Prime Minister Justin Trudeau heads to Switzerland today for a peace summit as Ukraine’s president works to shore up his country’s defence by securing more international support. The Ukraine Peace Summit is unfolding at a time of extreme peril for Ukrainian troops on the battlefield. Russian gains have led to intense fighting northeast of Kharkiv. Russian drone and...
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EU and Germany to help Ukraine fix and rebuild energy infrastructure
German Chancellor Olaf Scholz promises to focus on renewable energy and hydrogen potential as Ukrainian President Zelenskyy visits Berlin on Tuesday. ADVERTISEMENT Germany and the EU have promised to help Ukraine repair and rebuild its energy infrastructure, Chancellor Olaf Scholz and European Commission chief Ursula von der Leyen assured the Ukrainian leader in Berlin on...
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China declines invitation to Swiss peace conference on Ukraine next month
2 min read Last Updated : May 31 2024 | 9:59 AM IST China has confirmed it will not attend a Ukraine peace conference to be hosted by Switzerland next month, four sources with direct knowledge of the matter said. Beijing declined the invitation because the conditions for them to participate were...
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Ukraine to hold first Peace Summit in Switzerland – President Zelensky
Ukraine President Volodymyr Zelensky has announced that the first Peace Summit will be held from June 15 to June 16. The summit according to Zelensky will be held in Bürgenstock, Switzerland. In a statement on Thursday, the Ukrainian President said the summit, which will include several Heads of state and government from across the world,...
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Duty concession on gold imports from Switzerland under EFTA on table
3 min read Last Updated : Mar 06 2024 | 11:30 PM IST India may give quota-based duty concession on gold imports from Switzerland under the proposed free trade agreement with the four European nation bloc EFTA, sources said. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. ...