AGP Executive Report
Last update: 9 hours agoTrade & Markets: Brazil has formally incorporated the Mercosur–EFTA free trade deal after President Lula’s promulgation, with entry into force set for Oct 1 for Iceland and Nov 1 for Norway; preferential tariffs for Switzerland and Liechtenstein hinge on their internal procedures, aiming to cut tariffs, quotas and other barriers and streamline customs. Banking & Finance: Bendura Bank marked a decade under Hong Kong’s Citychamp Watch & Jewellery Group ownership, highlighting its continued role in Liechtenstein’s banking ecosystem. Healthcare & Pharma: The European Commission granted marketing authorisation for NEZGLYAL® (leriglitazone) for childhood cerebral adrenoleukodystrophy (cALD), with a first European launch expected in Germany and further rollouts tied to reimbursement talks. Tech & Investing: Ondo Finance launched Ondo Intelligent Portfolios, tokenised model portfolios that let investors mint/redeem a single onchain token for exposure to weighted baskets. Business Environment: Brussels’ “Made in Europe” procurement push is drawing criticism as protectionism in disguise, with the UK warning it could damage its car industry. Auto Industry: Chinese automakers kept gaining share in Europe in August, with BYD registrations more than doubling across the EU plus UK, Iceland, Liechtenstein, Norway and Switzerland. Liechtenstein Relevance: Geely’s entry into Switzerland (with Emil Frey as importer for Switzerland and Liechtenstein) signals continued expansion into the wider Liechtenstein market.
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.
Perspectify News
