AGP Executive Report
Last update: an hour agoPhilippines Tax Treaties Drive FDI: The Philippines is in talks to update double taxation agreements with Japan, Singapore and Hong Kong, and is also negotiating new treaties with Liechtenstein (plus Cambodia, Laos and Ireland) to cut double-tax costs and boost foreign investment and jobs. EFTA-Mercosur Trade Setback: Switzerland’s House of Representatives rejected the EFTA–Mercosur free trade deal, voting 96–86, with disputes over farmer support and the EU deforestation rules raising the prospect of a referendum. Liechtenstein in EU Defence Procurement: Liechtenstein is named among EFTA partners eligible for the EU’s SAFE defence financing framework, which is expanding procurement access beyond the EU to include Iceland, Norway, Switzerland and Liechtenstein. FIS Leadership Change: Liechtenstein’s Alexander Ospelt narrowly won the FIS presidency, replacing Johan Eliasch after a tight vote that also sparked claims of IOC influence. Local Business & Finance Leadership: Swiss collateral and security agent Security Agent Services AG appointed Chris Bruppacher as CEO, aiming to strengthen structured finance and tokenized asset services. Climate Resilience Focus: A new European Environment Agency report highlights uneven progress on climate adaptation across Europe, including Liechtenstein, with planning-to-delivery gaps still a key issue.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.