The movement of people between the EU and Switzerland is important. However, equally important is the fact that the EU is Switzerland’s biggest economic trading partner by far: 57% of Swiss imports stem from the EU, and 48% of Swiss exports are destined for the EU. More than 120 bilateral treaties between the two parties form the legal basis for this cross-border exchange in goods amount to around CHF300 billion (€270 billion) per year.
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