AGP Executive Report
Last update: 9 hours agoTrade: The Vietnam–EFTA free-trade agreement could open new markets for Liechtenstein businesses, but it still needs ratification. Vietnamese exporters are being urged to prepare for rules-of-origin, quality and sustainability requirements. Finance: Bulgaria’s parliament approved a 2021–28 EEA funding agreement involving Liechtenstein, Iceland and Norway. It provides Bulgaria with €119.3 million, plus co-financing, for green transition, democracy and social inclusion projects. Energy: Liechtenstein is among countries backing a COP31 pledge to raise electricity’s share of global energy use to 35% by 2035; the voluntary commitment does not specify how that power should be generated. Digital assets: Vaduz-based NORVAULT says its first CanTra token offering secured more than €2 million in commitments and has extended its offer period by a week. Banking technology: A study found 65% of Swiss and Liechtenstein banks expect to keep their current core banking systems for at least a decade, despite widespread criticism of usability and slow innovation. Blockchain: Liechtenstein’s LTIN will operate the sequencer and issue identity credentials for Zilliqa’s planned Ethereum-based network for regulated institutions.
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.
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