V
Vouthon
Guest
See:Switzerland, it sounds like, has individual agreements with member EU states.
Swiss option: no passport for banks - InFacts
Switzerland has access to only parts of the single market. A big omission is the vast majority of services, including finance.
Rather bizarre that, earlier in the thread, you touted Switzerland and Norway as Brexit examples for the UK that are A-OK “outside” the EU. Ummmm …if voluntary vassalage to a larger neighbour is your thing, I guess.Switzerland must adopt the same or equivalent product regulations to the EU – and it gets no vote on what those rules are. There is also no dispute mechanism so, if it gets into a fight with the EU over whether its companies have been fairly treated, there’s nothing it can do. The Swiss government has commented that it is “generally necessary to adopt developments of relevant EU law” to keep regulation equivalent. Switzerland also finds itself reacting to EU law in sectors where there are no agreements so as to keep its firms competitive.
What’s more, Switzerland maintains its access to EU markets only insofar as it keeps up with EU regulation. When Brussels changes its rules, Switzerland loses access – until it changes its laws too. That means its companies often suffer a delay in exporting when EU rules change.
It must also adopt equivalents to EU legislation in areas like employment and the Schengen area. This includes more controversial regulation like the Working Time Directive. Relations between the EU and Switzerland are governed by over 120 agreements. These have created a “complex and sometimes incoherent network of obligations, which are not easy to sustain”.
The agreements are also “static”; they don’t adapt to changes in EU legislation. So Switzerland doesn’t immediately benefit from deepening of the single market.
Switzerland is also required to allow immigration from the EU. Economically, this benefits Switzerland just as it does Britain. But for those who want to stop EU immigration, the Swiss option isn’t a good one.
Meanwhile, Switzerland still ends up paying quite a lot to keep its big neighbour happy. Since 2008, it has contributed SFr 1.3 billion (£880 million at January 2016 exchange rates) for development of eastern Europe. It has also funded major infrastructure projects for the EU’s benefit, most notably a €15 billion (£10.9 billion) transalpine railway network which allows EU countries to transport their goods through Switzerland but doesn’t do much for the Swiss themselves.
Despite all this, Switzerland gets only second-class access to the single market. The absence of a deal on services, which account for 78% of our GDP, would make this option a bad one for Britain.
Personally I’d rather have a say in making the rules I’m required to comply with, as we do within the EU as a member state, but your mileage may vary.
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