Free Trade Agreement Switzerland India

Leuthard told reporters that their government hoped that laws on the implementation of the agreement could be passed by the end of the year and that the first exchanges could take place in 2019. An approved exporter may, in all agreements, submit invoice declarations in all agreements, regardless of the value of the lot. These should not be signed by hand. The exporter must obtain the authorization of the relevant district customs office; this authorization is granted on the condition that the applicant guarantees that he is complying with the country of origin provisions and that he has submitted correct country of origin declarations in the past. For more information: SCA – Licensed exporters. Both reaffirmed their determination to complete the EFTA-India negotiations and Leuthard stressed that Switzerland was looking for pragmatic solutions. Leuthard also wants a bilateral investment protection agreement between Switzerland and India. Switzerland and India signed a scientific and technological agreement in 2003 and a Memorandum of Understanding on cooperation in the social sciences in 2012. The activities covered by these agreements fall within the scope of the joint Indo-Swiss research programme. An updated overview of the Swiss free trade agreements network can be found in the section.

The rule of origin is another important issue that needs to be addressed, as it has been one of the main reasons for the failure of discussions with RCEP members. “India wants strict SROOs so that third countries cannot use the free trade pact by supplying their items to the partner country`s markets,” the official said. In addition to the EFTA agreement and the free trade agreement with the European Union, Switzerland currently has a network of 30 free trade agreements with 40 partners outside the EU and new agreements are being negotiated. Implementation in the SME sector is often not given sufficient attention to free trade agreements and the origin statements of exporting firms. To determine the country of origin, it is necessary to coordinate the management of the company, the export department, procurement, quality assurance, logistics and finance.