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2024: Mixed picture despite record exports
While foreign trade was still negative in both directions in the previous year, exports reached a new high of +3.2% in 2024. However, this record was achieved almost exclusively thanks to the chemicals and pharmaceuticals sector. On the import side, on the other hand, last year's decline continued at –1.6%, albeit at a slightly slower pace. The opposing trend between imports and exports resulted in a new record trade surplus of CHF 60.6 billion.
Exclusive presentation of the latest special coin: After 100 years, the CHF 100 gold Vreneli returns
At the World Money Fair, Switzerland will present the latest special coin to mark an anniversary: On 1 July 2025, Swissmint will issue the new coin “100 Years 100-Franc Vreneli” – in homage to the original issue of 1925.
Federal Council initiates consultation on exchange of information under the OECD minimum tax
During its meeting on 29 January 2025, the Federal Council initiated the consultation on approving the basis under international law for the exchange of information under the OECD minimum tax. In the future, it should be possible for the multinational enterprise (MNE) groups concerned to submit the information centrally in a single jurisdiction. The implementing jurisdictions should also be able to check whether the tax calculations of MNE groups are correct. The consultation will run until 8 May 2025. This proposal does not address national implementation. The Federal Council is closely monitoring international developments.