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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.
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.
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.
Map of the European Union Map of the EU, including all special territories. The Outermost Regions in blue are considered part of the EU's external borders. The border of the European Union consists of the land borders that member states of the EU share with non-EU states adjacent to the union. The EU shares land borders with 21 countries and 3 ...
The overseas countries and territories (OCT) are dependent territories that have a special relationship with one of the member states of the EU. Their status is described in the Treaty on the Functioning of the European Union, and they are not part of the EU or the European Single Market.
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 ...
Part of the border will be redrawn because of the glacial melt, in another sign of how much humans are changing the world by burning planet-heating fossil fuels. Italy and Switzerland have agreed ...
The six founders of the European Communities (European Coal and Steel Community, European Community, Euratom). The Inner Six (also known as the Six or the Six founders) refers to the six founding member states of the European Union, namely Belgium, France, West Germany, Italy, Luxembourg, and the Netherlands.