Switzerland and Bahrain signed an agreement protecting investors against political risks like discriminatory measures by the state and unlawful expropriation, guaranteeing the free transfer of investment payments, the Swiss government said.
Switzerland aims to finalize a US trade deal by the end of July, with the European nation pushing for assurances it won’t face higher duties than rival countries.
A new free-trade agreement between the UK and Switzerland must overcome issues such as data regulation, intellectual property and access to service-sector companies, the Swiss government said while stressing that talks are “well advanced.”
The Kenyan government is facing international legal action over allegations it copied and used Swiss border technology without permission or compensation.
Switzerland's Federal Council has adopted a final negotiating mandate for talks on a legally binding trade agreement with the United States, the government said.
Travizory Border Security SA, a Swiss-based border security technology company, filed a treaty-based claim against the Republic of Kenya at the ICSID. The dispute relates to a border-crossing management agreement and is purportedly covered by BIT Switzerland - Kenya 2006 and ICSID Convention - Arbitration Rules.