Switzerland to resume negotiations with EU on updating bilateral treaties.

Switzerland to resume negotiations
with EU on updating bilateral treaties.

International News Desk

According to global Times news Agency Europe, A Swiss-EU deal will update a web of more than 100 agreements on everything from food safety to machinery certification,The Global Times Europe informs.The EU has said it won’t renew expiring agreements until an overarching settlement is found, basically threatening to gradually shut Switzerland off from Europe’s single market. After months of exploratory work, the EU and Switzerland are preparing to restart formal negotiations on a new agreement to update multiple treaties dating back decades.The previous effort failed when the Swiss unexpectedly walked away after years of wrangling. Negotiations are supposed to kick off in March and finish this year, Ambassador Petros Mavromichalis said, albeit noting that in Switzerland things tend to take a long time.