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SWITZERLAND

Switzerland is federal parliamentary republic. The country is situated in Western and Central
Europe, where it is bordered by Italy to the south, France to the west, Germany to the north,
and Austria andLiechtenstein to the east. Switzerland is a landlocked country geographically divided between
the Alps, the Swiss Plateau and the Jura.

The capital is Bern. Largest city is Zurich.

Zurich is often considered the economic powerhouse of


Switzerland. Zurich have high standards of education, health and transport

On the European level, it is a founding member of the European Free Trade Association and is part of
theSchengen Area although it is notably not a member of the European Union, nor the European Economic
Area (and thus does not use the Euro currency). Switzerland using their own currency: Swiss Franc
Foreign relation and international institution
Traditionally, Switzerland avoids alliances that might entail military, political, or direct economic action and has
been neutral since the end of its expansion in 1515. Its policy of neutrality was internationally recognised at
the Congress of Vienna in 1815.[59][60] Only in 2002 did Switzerland become a full member of the United Nations.
The annual meetings of the World Economic Forum in Davos bring together top international business and
political leaders from Switzerland and foreign countries to discuss important issues facing the world, including
health and the environment.
Economy of Switzerland

The economy of Switzerland is one of the world's most stable economies. Its policy of longterm monetary
security and political stability has made. Switzerland a safe haven for investors, creating an economy that
is increasingly dependent on a steady tide of foreign investment. Because of the country's small size and
high labor specialization, industry and trade are the keys to Switzerland's economic livelihood.
Switzerland has achieved one of the highest per capita incomes
in the world with low unemployment rates and a balanced budget. The service sector has also come
to play a significant economic role.

International Trade
International trade has long been the key to prosperity in Switzerland.Traditionally, its merchandise
trade deficit has been generously compensated by a surplus trade in services. This surplus amounted in
1999 to US$18.7 billion or 7.5 percent of GDP. The country is heavily dependent on export markets to
maintain its large export sector, supply raw materials for the domestic manufacturers, and diversify the
array of goods and services available locally. Switzerland has traditionally very liberal trade and
investment policies, its commercial law and legal system are highly developed, and foreign investments
are protected by solid domestic policies. The Swiss franc is one of the strongest currencies in the world
and the country is known for the soundness of its banking.

In 2015 you tell us that theres no business, what thats means? theres no
international business in Libya? Like export goods to other country? So Libya have
to fulfil their economical needs by that country itself?
What is the main exported goods except oil ? And what is the main import partners?