Around 120 bilateral agreements govern extensive market access between Switzerland and the EU as well as close cooperation in key areas, such as research, security, the environment and culture
The agreement on the free movement of persons enables citizens from Switzerland and the EU member states to freely choose their place of work and place of domicile within the territories of the contracting parties
The Schengen Association Agreement facilitates travel between Switzerland and the EU by eliminating identity controls at the internal borders of the Schengen Area
Switzerland and the EU are endeavouring to develop international standards in the field of tax policy: The agreement on the automatic exchange of financial account information (AEOI) and the agreement on the fight against fraud are significant milestones in this area of cooperation
In a referendum held by the British government in 2016, 51.9% of British voters voted in favour of leaving the EU. Because relations between Switzerland and the EU are largely covered by the bilateral agreements concluded between Switzerland and the EU, Brexit also has consequences for Switzerland.