Onshore 2 Offshore

News providing information for going from onshore to offshore business
Home Sitemap
Search
Subscribe now & get informed!
We keep a close connection with specialists from all worldwide jurisdictions to offer you important news and articles.
GO
Browse by Categories
Asset Protection
Banking
Betting
Brokerage
Development
Doing Business
E-Commerce
Economy
EU VAT & The Internet
Finance
Frauds
Fund Management
Government
Insurance
International
International Banking
International Investment
International Trading
Investment
Legislation & Law
Offshore Banking
Offshore Company
Offshore Foundations
Offshore Trusts
Onshore
Politics
Property Investment
Real Estates
Trading
News Details
* Switzerland Keeps Options Open On EU Membership

While the Swiss government has decided not to abandon its long-term goal of gaining membership to the European Union, ministers revealed this week that the issue is likely to remain on the backburner as different options for closer cooperation with the EU are thought out.

Speaking after the Swiss government met on Wednesday to discuss its European policy, Foreign Minister Micheline Calmy-Rey stated that Switzerland was determined to maintain a policy of "active cooperation" in Europe and rejected a purely defensive approach to the EU as counter to Swiss interests.

Meanwhile, Economy Minister Joseph Deiss told reporters after the meeting that the federal council "wants to keep all its options open," on the issue of Europe.

Switzerland's application to the join the European Union was put on hold by Brussels in 1992 after voters rejected a proposal to accede to the European Economic Area (EEA) in the same year. Instead, the country has pursued a policy of reaching bilateral agreements with the EU, of which 16 have been concluded in two rounds of negotiations.

A report detailing Switzerland's options in its relationship with the EU is expected to be published mid way through 2006. These options are likely to include at least five choices, such as: maintaining the status quo; pursuing a "consolidated bilateral route" which would strengthen institutional cooperation; advancing a multilateral form of cooperation; an EU 'lite' membership which would permanently exempt Switzerland from certain EU decisions; and full membership.