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    Home > Headlines > Switzerland to overhaul export risk insurance law amid trade turbulence
    Headlines

    Switzerland to overhaul export risk insurance law amid trade turbulence

    Published by Global Banking & Finance Review®

    Posted on October 29, 2025

    1 min read

    Last updated: January 21, 2026

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    Quick Summary

    Switzerland will revamp its export risk insurance laws to support exporters amid trade challenges and high US tariffs.

    Table of Contents

    • Overview of Export Risk Insurance Reforms
    • Objectives of the Legislative Changes
    • Impact on Swiss Exporters
    • Comparison with EU Tariffs

    Switzerland to Revamp Export Risk Insurance Law Amid Trade Challenges

    Overview of Export Risk Insurance Reforms

    ZURICH (Reuters) -The Swiss government said on Wednesday it will overhaul legislation on export risk insurance to make it more accessible for exporters and reduce red tape, as the country seeks to weather trade volatility sparked by U.S. tariffs.

    Objectives of the Legislative Changes

    The planned changes should allow the Swiss Export Risk Insurance agency to introduce new products and better adapt its offerings to exporters' changing needs at a time of persistent economic and political uncertainty, the government said.

    Impact on Swiss Exporters

    Swiss companies currently face U.S. import tariffs of 39%, far higher than the 15% levied on their European Union rivals.

    Comparison with EU Tariffs

    (Writing by Dave Graham, editing by John Revill)

    Key Takeaways

    • •Switzerland plans to overhaul export risk insurance laws.
    • •The changes aim to reduce red tape for exporters.
    • •Swiss exporters face higher US tariffs than EU counterparts.
    • •New products will be introduced by Swiss Export Risk Insurance.
    • •The reforms address economic and political uncertainties.

    Frequently Asked Questions about Switzerland to overhaul export risk insurance law amid trade turbulence

    1What is red tape?

    Red tape refers to excessive regulation or rigid conformity to formal rules that can hinder or delay processes, often seen in bureaucratic systems.

    2What is economic uncertainty?

    Economic uncertainty refers to a situation where there is a lack of predictability in the economy, affecting business decisions and consumer confidence.

    3What is the Swiss Export Risk Insurance agency?

    The Swiss Export Risk Insurance agency provides insurance coverage to Swiss exporters against risks associated with international trade, helping them manage financial uncertainties.

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