Tax Treaties Push: The Philippines is renegotiating double taxation agreements with Japan, Singapore and Hong Kong, while working on new deals with Liechtenstein, Cambodia, Laos and Ireland to attract more foreign direct investment and reduce double-tax costs for investors. Swiss Politics & Trade: Switzerland’s House of Representatives has rejected the EFTA–Mercosur free trade deal, turning down farmer support funding and the EU deforestation rules, with debate raising the prospect of a referendum. Liechtenstein in EU Frameworks: EU Council conclusions set out closer ties with non-EU Western partners, explicitly covering the Principality of Liechtenstein among the countries in the EU’s extended single-market approach. India–EFTA Business Link: India’s Piyush Goyal met Swiss leaders to advance the India–EFTA TEPA, with a focus on trade, investment and healthcare/pharma cooperation. Defense Financing: Greece signed up to the EU’s SAFE defense programme, unlocking up to €787.7m in long-term loans for surveillance, secure communications and counter-drone tech. Finance Leadership: Swiss collateral and security agent SAS appointed Chris Bruppacher as CEO, aiming to expand both structured finance and tokenized asset services. Energy Costs (Regional): A new ranking places Liechtenstein among the higher residential electricity price countries in Europe, alongside Switzerland and others.