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13 Oct, 2021

Us Switzerland Free Trade Agreement

Posted by: Hector Danilo Pompa Dominique In: Uncategorized

Switzerland concludes most of its free trade agreements within the framework of the European Free Trade Association (EFTA). Outside the framework of EFTA, there are free trade agreements with the EU, China and Japan in Switzerland. Most (but not all) Swiss free trade agreements contain such a rule. This means that the determination of the country of origin of the product does not take into account materials originating in a third country, provided that their value does not exceed 10% of the ex-works price. However, if a percentage rule is fixed in the list, it shall not be exceeded by the application of the general tolerance. Therefore, this tolerance is particularly relevant for goods for which the list provides for a position jump.

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