AGP Executive Report
Last update: 7 hours agoEU-EEA Trade & Tariffs: Brazil has formally incorporated the Mercosur–EFTA Free Trade Agreement, with preferential tariffs for Switzerland and Liechtenstein set to apply once both sides complete internal steps (Brazil from Oct 1; Norway from Nov 1). Pharma & Trade Policy: The US Commerce Department clarified which specialty drugs and ingredients can get zero tariffs ahead of a Sept 29 deadline, listing eligible products and countries including Liechtenstein. Biotech Milestone: The European Commission granted marketing authorisation for NEZGLYAL® (leriglitazone) for childhood cerebral adrenoleukodystrophy (cALD), the first pharmacological treatment approved in the EU, with first launches expected in Germany. Banking & Ownership: Bendura Bank marked ten years under Hong Kong’s Citychamp Watch & Jewellery Group, highlighting continuity in Liechtenstein’s financial sector. Cross-Border Business Climate: Chinese automakers kept gaining ground in Europe in August, with BYD registrations more than doubling across EU/UK/Iceland/Liechtenstein/Norway/Switzerland—raising competitive pressure for local brands. Business-Adjacent Travel/Visas: China published an updated list of 50 countries eligible for 30-day visa-free entry, including Liechtenstein.
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.