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This content is taken from the University of Basel's online course, Switzerland in Europe: Money, Migration and Other Difficult Matters. Join the course to learn more.

Skip to 0 minutes and 10 seconds Welcome to our last course week! Time flies, does it not? You may remember that at the beginning of this FutureLearn course I welcomed you on the River Rhine. I said that the Rhine spanned several European countries, and that seen in this manner Basel is in a truly European location. I also pointed out that Switzerland is in a rather special position because it is fully surrounded by the EU and the EEA without itself being a member of either. In our course, we have learned about the position of Switzerland in Europe, looking at a number of difficult issues among others in the fields of money and migration.

Skip to 0 minutes and 55 seconds We saw that Switzerland is by no means a legal island that can act independently of its neighbours and of the rest of the world. Rather, there is a high degree of interconnectedness, in particular, economically. We also learned that in order to facilitate exchange, Switzerland has entered into a large number of agreements with its neighbours, in particular, through the EFTA Convention and thorough the Swiss EU sectoral or bilateral agreements. In our course, we have attempted to gain a certain insight into this particular legal situation. At the end of our course, we will consider the present state of the legal and political relationship between Switzerland and the EU against the background of the discussion of the previous weeks.

Skip to 1 minute and 47 seconds Based on the most recent developments, we will turn our attention to different scenarios for the future. Returning to the key word of money used at the beginning of this course, the example of a potential future agreement on financial services will be used to discuss different approaches of association to the EU’s internal market in demanding areas, such as taking over EU harmonisation, or as an alternative, an approach based on equivalence. On a more general level, the future of the Swiss EU relationship and the position of non-Member States vis-a-vis important European organisations, such as the EU and the EEA will be considered. Once again, we look forward to working with you!

From the present to the future

How will the Swiss-EU legal relationship develop in the future?

The further development of the Swiss-EU legal relationship is shaped by political developments on the side of both parties, Switzerland and the European Union (EU). At the same time, the conclusion of new agreements presents more challenges in the modern, highly regulated and interconnected world than it did in previous times.

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This video is from the free online course:

Switzerland in Europe: Money, Migration and Other Difficult Matters

University of Basel