SWISSMEM

11/08/2023 | Press release | Distributed by Public on 11/08/2023 09:15

Swissmem supports key step to securing bilateral agreements

Contrary to all the gloomy predictions, the "Bilateral III" package is taking shape - and not before time. The EU market is by far the most important for the technology industry, accounting for 55% of exports. The erosion of the bilateral approach damages the sector and its approximately 330,000 employees and 20,000 apprentices. These companies are reliant on access to this vast single market, the recruitment of specialist staff and participation in research and innovation projects such as Horizon and Copernicus, as well as an electricity agreement.