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Update following Round 10 of negotiations on an enhanced Free Trade Agreement with Switzerland
24 March 2026
Type
Written Ministerial Statement
Department
Department for Business and Trade
At a Glance
Issue Summary
The statement provides an update on the tenth round of negotiations towards an enhanced Free Trade Agreement (FTA) with Switzerland.
Action Requested
No specific action is requested; the government commits to continuing negotiations and will keep Parliament updated on progress, ensuring alignment with national interests and high standards across sectors, including protections for the NHS.
Key Facts
- The tenth round of negotiations took place in Geneva between 9 and 13 March 2026.
- Switzerland is the UK's 10th largest trading partner, worth £49.0 billion over four quarters ending Q3 2025 (ONS).
- The current agreement supports 130,000 UK services jobs in finance, consultancy and legal sectors, transport, and other key sectors (OECD trade in employment database).
- Services account for over 60% of UK trade with Switzerland.
- Discussions covered services and investment, telecommunications, digital trade, intellectual property rights, and goods market access.
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Assessment & feedback
Summary accuracy