Switzerland looses 215 Mio CHF due to financial support to deep-sea vessels

FC - Guarantees for deep-sea vessels: sales agreements signed, dispatch on supplementary budget issued
Bern, 18.05.2017 - On 16 May 2017 the Federal Council issued a dispatch on a supplementary budget of CHF 215 million francs to the finance committees of the two parliamentary chambers. On 18 and 19 May, the head of the Federal Department of Economic Affairs, Education and Research EAER will inform the finance committees of the National Council and Council of States on this matter. The supplementary budget covers the Confederation’s potential losses resulting from guarantees issued in respect of twelve ships owned by the SCL and SCT groups, and for a further ship that formerly belonged to the SCL group. Sales contracts for ships currently owned by the SCL and SCT groups were signed this week, and a solution has potentially emerged for the formerly owned by the SCL group.

De bonnes notes attribuées au Point de contact national suisse pour les Principes directeurs de l’OCDE

SECO - De bonnes notes attribuées au Point de contact national pour les Principes directeurs de l’OCDE
Berne, 18.05.2017 - Le Point de contact national (PCN) suisse pour les Principes directeurs de l’OCDE à l’intention des entreprises multinationales s’est soumis volontairement à un contrôle du comité compétent de l’OCDE, laquelle a publié ce jour son rapport et ses recommandations y relatifs. Elle salue le professionnalisme du PCN.

ICRC: Humanitarian staff kidnapped in Mali set free

http://www.swissinfo.ch/eng/icrc-mission_humanitarian-workers-kidnapped-in-mali/43183494?&ns_mchannel=rss&srg_evsource=rss

EU Court determines that some key aspects of Singapore-EU FTA investment chapter, including ISDS, require that it be submitted for ratification in all EU member-states

http://www.channelnewsasia.com/news/singapore/eu-court-says-singapore-free-trade-deal-needs-national-8853558

WTO questions Swiss tariff quotas

Switzerland has lately failed to comply with most World Trade Organization (WTO)-approved tariff quotas, the Geneva-based organisation declared in its regular review of Swiss trade policies. “Most WTO tariff quotas have been over-filled in recent years,” the organisation said in its fifth review of Switzerland’s trade policies, published on Tuesday. The WTO report, which takes place every four years, said Switzerland had a “generally open” trade regime, and it praised the alpine nation for its ongoing support for trade liberalisation and a rules-based multilateral order. The agriculture sector, however, “continues to be protected with high import tariffs on sensitive products”. Ongoing subsidies in this field also show how vulnerable it is to market competition, “highlighting the need for more market-oriented reforms.” Stockpiling products The trade body said the average Swiss tariff on imports in 2016 was 9%, compared to 9.2% in 2012. Tariffs on agricultural ...

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