Switzerland Free Trade Agreement Negotiations: Round 7

Wednesday 25th June 2025

(1 day, 12 hours ago)

Written Statements
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Douglas Alexander Portrait The Minister for Trade Policy and Economic Security (Mr Douglas Alexander)
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The seventh round of negotiations on an enhanced free trade agreement with Switzerland took place in London between 5 and 13 June 2025.

Economic growth is our first mission in government and FTAs have an important role to play in achieving this. An enhanced trade agreement with Switzerland will support British businesses, back British jobs, and put more money in people’s pockets.

Switzerland is the UK’s 10th biggest trading partner and the UK-Swiss trade relationship was worth more than £45 billion in 2024. Services exports account for more than £18 billion of this, making Switzerland the UK’s sixth largest services export partner. This included over £700 million from Scotland and £1 billion from the north-west in 2022. The trading relationship supported 130,000 services jobs across the UK in 2020.

An enhanced FTA with Switzerland aims to deliver long-term certainty for UK services firms, by locking in access to the Swiss market, guaranteeing the free flow of data and cementing business travel arrangements.

This round saw momentum in a number of areas:

Services and investment

Constructive discussions were held across services, including with regard to market access.

Negotiators also made good progress and agreed several key commitments in cross-border trade in services and domestic regulation. Progress was also made on financial services, with both sides confirming our shared ambition in this area.

On mobility, talks focused on long-term certainty for UK businesspersons travelling to and delivering services in Switzerland.

Innovation

Both sides discussed how the FTA can support trade in innovative goods and services. This could include mechanisms to bring together businesses, academia and Government to discuss ways to address any trade barriers and opportunities that arise from innovation in the future. This is an important request from businesses in the UK and Switzerland.

Intellectual property

During this round, the UK and Switzerland focused on geographical indications, with the aim of retaining the GIs already protected by the UK and Switzerland as well as establishing a streamlined process for the protection of new GIs. Negotiations will continue with the aim of agreeing a comprehensive framework for the protection of intellectual property.

Goods

Progress was made on goods market access as we continue the process of modernising the existing agreement. The 99% of UK goods exports to Switzerland by value are already tariff free. We reached provisional agreement on rules of origin which will make it easier for UK businesses to use imported materials in their exports to Switzerland through a new cumulation article and provide continuity by preserving the existing product specific rules.

We also reached provisional agreement during the round on policy areas including dispute settlement, development, consumer protection, animal welfare and anti-corruption.

Next steps

Round 8 of negotiations is set to take place in Switzerland in autumn 2025.

The Government are focused on securing outcomes in an enhanced FTA that boost economic growth for the UK and Ministers will continue to update Parliament on the progress of negotiations.

The Government will only ever sign a trade agreement which aligns with the UK’s national interests, upholding our high standards across a range of sectors, alongside protections for the national health service.

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