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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.
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.
The areas varied at different times, and so it is arguable as to which were part of some common historical entity (e.g., were Germany or Britain part of Roman Europe as they were only partly and relatively briefly part of the Empire—or were the countries of the former communist Yugoslavia part of the Eastern Bloc, since it was not in the ...
Monaco participates in the EU customs union through its relationship with France; its ports are administered by the French. Vatican City has a customs union in effect with Italy. 2 Andorra, Monaco, San Marino and Vatican City are not members of Schengen, but act as such via their open borders with Spain, France and Italy, respectively.
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 ...
EU's G6 - France, Germany, Italy, Poland, Spain, and the United Kingdom - countries with largest populations and thus the majority of votes in the Council of the European Union Group of Seven (G7): Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, the seven major advanced economies as reported by the International ...
The list below includes all entities falling even partially under any of the various common definitions of Europe, geographical or political.Fifty generally recognised sovereign states, Kosovo with limited, but substantial, international recognition, and four largely unrecognised de facto states with limited to no recognition have territory in Europe and/or membership in international European ...