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EU and Switzerland Finalize Historic Cooperation Agreements

The new agreements aim to modernize bilateral relations, expand economic collaboration, and enhance cross-border mobility, but face hurdles before implementation.

  • After years of negotiations, the EU and Switzerland reached a landmark agreement to update existing bilateral accords and establish new areas of cooperation.
  • Key provisions include Switzerland contributing €375 million annually to EU structural funds and granting EU students equal access to Swiss university tuition rates.
  • The agreements allow EU railway and airline operators to provide services within Switzerland, potentially reducing costs and improving travel options for passengers.
  • Switzerland will adopt a dynamic legal alignment with EU regulations, ensuring smoother trade and collaboration across sectors like health, research, and energy.
  • Implementation remains uncertain as the agreements require approval from the EU, Swiss Parliament, and a potential Swiss public referendum, which could delay enforcement until 2027 or later.
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