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ARTICLE · 21 MAY 2024

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International Employee Assignment To Brazil

Switzerland is currently negotiating alongside the other EFTA states (Iceland, Liechtenstein and Norway) with the Mercosur states regarding a free trade agreement with Argentina, Brazil, Paraguay and Uruguay.

SwitzerlandEmployment and HR

Switzerland is currently negotiating alongside the other EFTA states (Iceland, Liechtenstein and Norway) with the Mercosur states regarding a free trade agreement with Argentina, Brazil, Paraguay and Uruguay. According to the chief economist of the Swiss business association Economiesuisse, Rudolf Minsch, there are a number of reasons why the free trade agreement is very important for Switzerland (e.g. free trade agreements promote prosperity, there are advantages through greater value creation, Mercosur countries have a huge domestic market with strong growth prospects and competitive advantages can arise, e.g. through customs concessions).

Once the agreement has been successfully concluded, it is likely that there will also be an increase in the number of employees working in Brazil and people from Brazil working in Switzerland. It is therefore important to take a closer look at the individual aspects that are decisive for international employee assignments.

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