Daily Market Updates: UK strikes landmark trade deal with Switzerland for services sector

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UK strikes landmark trade deal with Switzerland for services sector

The UK government estimates the agreement could lift exports to Switzerland by £5.2 billion a year over the coming years.

Reported · Written up by our desk · Trade & Tariffs

The UK has reached a free trade agreement with Switzerland covering key services, marking a milestone for the British economy’s cross-border services trade, according to CNBC World.

The British government estimates the pact will unlock about £5.2 billion in exports to Switzerland over the coming years.

Officials said the deal is designed to expand access for the UK services sector, aiming to support trade volumes with Switzerland as the agreement comes into effect.

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Sources

CNBC WorldUK strikes landmark trade deal with Switzerland for crucial services sector

Global Markets

UK strikes landmark trade deal with Switzerland for services sector

More like this

Sources

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