Switzerland–United_Kingdom_relations

Switzerland–United Kingdom relations

Switzerland–United Kingdom relations

Bilateral relations

Switzerland and the United Kingdom have enjoyed close bilateral historical relations for many decades, which continue to this day.

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The Cantonal Tree erected just off Leicester Square, London, England to celebrate the friendly relations between Britain and Switzerland.

History

Ever since the 18th century British politicians have made much of Switzerland's neutrality on the European continent and repeatedly took Switzerland's side when dealing with other European powers.[1] Since 1900 the United Kingdom has maintained 12 consulates in Switzerland. Switzerland represented British interests in Germany, Italy, Spain, Japan, and the Axis occupied and allied countries during World War II from 1941 to 1945.[2]

During the Cold War Anglo-Swiss relations became even closer, and due to common interests there was cooperation on a number of issues.[3] Both countries worked together to forestall European integration in the 1960s.[1]

Contacts and relations between the two countries remain close to this day with the respective countries' foreign ministers regularly meeting up to discuss issues of shared concern.[2]

Economic relations

Switzerland has been a favourite destination for British tourists since the 19th century. The UK is the fourth-most important market in the world for Swiss investors. Around 700 Swiss companies currently do business in the UK with the financial sector playing a large role in Anglo-Swiss economic relations.[2] The British Swiss Chamber of Commerce is an independent organization providing network services for its over 500 members.[4]

Trade agreements

From 1 January 1973 until 30 December 2020, trade between Switzerland and the UK was governed by the Switzerland–European Union Strade agreements, while the United Kingdom was a member of the European Union.[5] Following the withdrawal of the United Kingdom from the European Union, the UK and Switzerland signed a continuity trade agreement on 11 February 2019, based on the EU trade agreements; the agreement entered into force on 3 May 2021.[6][7] Trade value between Switzerland and the United Kingdom was worth £53,551 million in 2022.[8]

On 15 May 2023, the United Kingdom and Switzerland talked on an upgraded free trade agreement, with Kemi Badenoch, British trade secretary, flying to Bern aiming to boost financial and professional services exports.[9]

Security relations

During the Cold War, the Swiss Army unit Projekt-26 received covert training from the British intelligence agencies MI5 and MI6.[3] In the event of an invasion of Switzerland, P-26 planned to relocate its command centre to Britain.[3]

Resident diplomatic missions

  • Switzerland has an embassy in London.
  • The United Kingdom has an embassy in Bern.
  • Embassy of Switzerland in London

References

  1. [1]
    Wyss, Marco. "A "Cold War Love Affair" and the Future of Anglo-Swiss Relations" (PDF). London School of Economics. Retrieved June 6, 2012.
  2. [2]
    "Bilateral relations between Switzerland and the United Kingdom". Confederation of Switzerland. Retrieved June 6, 2012.
  3. [3]
    Foulkes, Imogen (April 27, 2018). "UK military helped secret Swiss force in Cold War". BBC News.
  4. [4]
    Grujović, Ana (2020-05-26). "The British-Swiss Chamber of Commerce celebrates 100 years of work!". Trade and Investment Promotion. Retrieved 2022-09-26.
  5. [5]
    "EU - Switzerland - Liechtenstein". World Trade Organization. Retrieved 16 March 2024.
  6. [6]
    Fox, Liam (11 February 2019). "UK and Switzerland sign trade continuity agreement". GOV.UK. Archived from the original on 11 February 2019. Retrieved 16 March 2024. UK–Switzerland FTA
  7. [7]
    "UK signs biggest trade deal since Brexit vote with Switzerland". Financial Times. 11 February 2019. Archived from the original on 12 February 2019. Retrieved 16 March 2024.
  8. [8]
    "UK trade agreements in effect". GOV.UK. 3 November 2022. Archived from the original on 17 January 2024. Retrieved 9 February 2024.
  9. [9]
    "UK targets services boost as Swiss trade talks begin". Reuters. 15 May 2023. Archived from the original on 15 May 2023. Retrieved 16 March 2024.

Further reading

  • Horn, David Bayne. Great Britain and Europe in the eighteenth century (1967), covers 1603 to 1702; pp 310–26.
  • Wylie, Neville. Britain, Switzerland, and the Second World War (Oxford UP, 2003).
  • Wyss, Marco. Arms transfers, neutrality and Britain's role in the Cold War: Anglo-Swiss relations 1945-1958 (Brill, 2012).
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