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Headlines

Switzerland, Norway, Iceland, Liechtenstein agree free trade deal with Malaysia

Published by Global Banking & Finance Review

Posted on April 11, 2025

1 min read

· Last updated: April 11, 2025

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Switzerland and EFTA Finalize Free Trade Deal with Malaysia

ZURICH (Reuters) - Switzerland and the other members of the European Free Trade Association (EFTA), Norway, Iceland and Liechtenstein, have concluded a free trade agreement with Malaysia, the Swiss government said on Friday.

"This agreement will strengthen our trade relations, create an improved market for our businesses and strong guarantees for environmental protection and workers' rights," Swiss Economy Minister Guy Parmelin said in a statement.

Earlier this week, EFTA signed a modernised free trade agreement with Ukraine. The EFTA members also sealed a free trade accord with Thailand in January.

(Writing by Dave Graham, Editing by Miranda Murray)

Key Takeaways

Switzerland and EFTA members sign a trade deal with Malaysia.
The agreement aims to boost trade and protect workers' rights.
EFTA recently updated its trade agreement with Ukraine.
A free trade accord with Thailand was established in January.
The deal promises environmental protection guarantees.

Frequently Asked Questions

What is the main topic?

The main topic is the free trade agreement between Switzerland, EFTA members, and Malaysia, aimed at enhancing trade relations and ensuring rights protections.

Who are the EFTA members involved?

The EFTA members involved are Switzerland, Norway, Iceland, and Liechtenstein.

What other trade agreements has EFTA recently signed?

EFTA recently signed a modernized trade agreement with Ukraine and a free trade accord with Thailand.

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