The recent agreement between the EU and Switzerland aims to stabilize relations by recalibrating over 120 separate agreements, addressing contentious issues like immigration and electricity trade.
The immigration clause has been a focal point in negotiations; Switzerland maintains its right to reintroduce permit quotas, countering EU's objections about unilaterally limiting freedom of movement.
With the new Electricity Agreement, Swiss electricity distributors like Swissgrid can now operate within the European market, enhancing competition and ensuring a reliable source of energy for Swiss consumers.
This recalibration is seen as beneficial not just for the political landscape, but also for Swiss residents who stand to gain from improved stability and energy supply options.
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