EU-Switzerland deal updates sectoral participation in Single Market

Economics
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Fredrik Persson President | Business Europe

The European Union and Switzerland have reached a consensus on a set of agreements that facilitate Swiss companies' involvement in the Single Market. These agreements update existing bilateral accords and introduce new ones in significant sectors such as electricity, food safety, and health. As part of the agreement, Switzerland will also gain access to EU programs like Horizon Europe.

Markus J. Beyrer, Director General of BusinessEurope, expressed approval of the development: "The conclusion of negotiations between the EU and Switzerland is an important step to stabilise and further reinforce bilateral relations. For European businesses, these agreements are critical for safeguarding and deepening existing value chains and ensuring that companies operate under clear and predictable rules. In today’s complex geopolitical environment, the agreements help to create a more integrated and resilient European economy. We now call on both sides to show a strong political commitment and take the necessary steps for swift implementation of the agreements."