AGP Executive Report
Last update: 5 hours agoEU–EFTA Relations: The EU Council approved conclusions to deepen ties with non-EU Western European partners, explicitly covering Liechtenstein alongside Iceland, Norway and Switzerland, setting a political framework for a “homogeneous extended” single market approach. Liechtenstein Business Leadership: Security Agent Services AG (Zug) appointed Chris Bruppacher as CEO to expand independent collateral and security services across structured finance and tokenized assets, with a stated focus on “trust requires independence.” Defense Procurement (SAFE): Greece signed up to the EU’s Security Action for Europe (SAFE) program, unlocking up to €787.7m in long-term financing for surveillance, secure communications and counter-drone tech—while Canada’s first SAFE contract shows the framework is already attracting non-EU suppliers. Trade & Investment (TEPA): India’s Commerce Minister Piyush Goyal is in Switzerland to push implementation of the India–EFTA Trade and Economic Partnership Agreement (TEPA), with meetings involving Swiss leadership and pharma firms. Energy Costs (Regional Benchmark): A new ranking places Liechtenstein among the higher residential electricity price countries in a global comparison, highlighting how taxes and infrastructure shape household bills. Sports Governance (Liechtenstein): Alexander Ospelt, a Liechtenstein lawyer, won the FIS presidency in a tight vote, replacing Johan Eliasch amid claims of IOC influence.
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