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The European Union is Switzerland's largest trading partner, and Switzerland is the EU's fourth largest trading partner, after the United Kingdom, United States and China. Export of goods from Switzerland accounts for 5.2% of the EU's imports; mainly chemicals, medicinal products, machinery, instruments and time pieces.
Switzerland is not a member of the European Union and joined the United Nations very late compared to its European neighbours. Switzerland maintains diplomatic relations with almost all countries and historically has served as a neutral intermediary and host to major international treaty conferences. The country has no major dispute in its ...
The European Union (EU) is a political and economic union of 27 member states that are party to the EU's founding treaties, and thereby subject to the privileges and obligations of membership. They have agreed by the treaties to share their own sovereignty through the institutions of the European Union in certain aspects of government.
Four European microstates — Andorra, [4] Monaco, San Marino and the Vatican City — are not officially part of the Schengen Area, but are considered de facto within the Schengen Area, as they have open or semi-open borders and do not conduct systematic border controls with the Schengen countries that surround them.
Wealthy, neutral Switzerland has long had powerful internal resistance to closer integration with the EU, even as supporters of closer ties warn that the country cannot expect to benefit from the ...
The European single market, also known as the European internal market or the European common market, is the single market comprising mainly the 27 member states of the European Union (EU). With certain exceptions, it also comprises Iceland , Liechtenstein , Norway (through the Agreement on the European Economic Area ), and Switzerland (through ...
Switzerland's slow growth in the 1990s and the early 2000s increased support for economic reforms and harmonisation with the European Union. [150] [151] In 2020, IMD placed Switzerland first in attracting skilled workers. [152] For much of the 20th century, Switzerland was the wealthiest country in Europe by a considerable margin (per capita ...
1. Switzerland. Known for its neutrality and political stability, Switzerland is one of the safest countries in Europe. It offers a high degree of freedom of movement, both internally and in ...