“Today`s agreement focuses on our vision of the global economy as open, global and free – a vision that Switzerland shares with our long history of trade and finance.” On 30 June 2020, the Chancellor of the Échelier for Great Britain and his Swiss counterparts signed a commitment to draw up an international agreement on financial services. The agreement will facilitate the provision of cross-border financial services. The bilateral agreement on financial services must also provide for a clear process in the event of withdrawal of recognition at some point in the future. British and Swiss companies will welcome this agreement. Mobility is an important foundation for successful business relationships and exceeds expectations of what many people thought they would accomplish in the time available. An agreement should be reached after a phase of negotiations. This will be completed by the end of the Brexit transition period (31 December 2020). A commitment has been signed at this stage, but no agreement has yet been reached. What is now following is a phase of negotiation that must lead to a legally binding international agreement that defines the above-mentioned points. The United Kingdom left the European Union on 31 January 2020. The withdrawal of the United Kingdom opened a transition period until 31 December 2020, during which the bilateral agreements between Switzerland and the EU continue to apply to the United Kingdom. Subsequently, new bilateral agreements between Switzerland and the United Kingdom will apply.
With the Brexit transition period ending in December 2020, the UK government is actively working to secure international agreements that will help make Britain an important financial centre after leaving the European Union. The UK has also started talks with Kenya towards a post-Brexit trade deal. The Kenyan-British trade deal was discussed in a telephone conversation between British Prime Minister Boris Johnson and Kenyan President Uhuru Kenyatta. By working on bilateral agreements with European and African nations, it is clear that Britain hopes to consolidate its role as an important financial centre after Brexit. But with 46 days to the UK`s withdrawal, such continuity agreements were only signed in line with the Financial Services Agreement: Switzerland and the UK commit to a results-based approach to mutual recognition. If you expect goods to be in transit, if the EU-Switzerland trade agreements no longer apply, you can obtain a certificate of origin a posteriori. This shows that the goods come from the UK and are eligible for preferential conditions if your goods arrive on or within twelve months of the start of the application of the UK-Switzerland trade agreements.. . .