January 22, 2019
Free Trade and Economic Partnership Agreement Continues to Strengthen Japan-Switzerland Relations a Decade After
In spite of a population of just 8.5 million and a territory about the size of Kyushu, Switzerland may well be called an economic powerhouse. It ranks among the world’s top 20 economies in terms of GDP as well as of merchandise and services trade, and is among the top 10 when it comes to foreign direct investment. Switzerland regularly occupies top spots in international rankings such as the Global Competitiveness Report and the Global Innovation Index. All this makes Switzerland an attractive business location and economic partner.
Economic exchanges between our two countries have a long history and are substantial. Japan is Switzerland’s sixth biggest export market (counting the EU as one), while Switzerland is the fourth largest foreign investor in Japan (after the U.S., France and Singapore, on an “ultimate investor” basis).