Switzerland is unlikely to sign its own trade agreement with the EU prior to Brexit, according to Economy Minister Guy Parmelin.

In a statement to Sonntags Zeitung, Parmelin expressed pessimism as social partners – unions, employers’ associations, and cantons – have been unable to come to a unified position that would allow negotiations to resume.

The failure to reach an agreement will prolong the current crisis in EU-Swiss relations: since July 1, EU companies are banned from floating the...

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