Free Trade Agreement between Switzerland and the European Union
The free trade agreement between Switzerland and the European Union entered into force on 1 January 1973.
It provides for border tariff elimination for most industrial products, including :
- Electric motors, turbines and generators;
- Mechanical equipment including pumps, appliances, and other advanced machinery;
- Electric accumulators, transformers, capacitors, batteries;
- Motor vehicles;
- Mineral ore, slag and ash;
- Mineral fuels, oils and other products;
- Metals and their articles e.g. iron and steel;
- Semiconductors devices and photovoltaic cells;
Rules of origin stipulate products only undergoing minimal transformations in one of the signatory countries should not benefit from the tariff treatment established by the Agreement.
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