The U.S. established diplomatic relations with Switzerland in 1853 following the formation of a unified Swiss state. Switzerland is a democratic country subscribing to the fundamental ideals with which the U.S. also is identified. The country is politically stable with an essentially strong economy. It has played an increasingly important role in supporting the spread of democratic institutions and values worldwide, as well as providing humanitarian relief and economic development assistance. U.S. policy toward Switzerland takes these factors into account and seeks to cooperate with Switzerland to the extent consistent with Swiss neutrality.
Bilateral Economic Relations
Switzerland is a member of the European Free Trade Association, whose countries are significant markets for U.S. exporters and investors. The two countries have a long history of cooperation both bilaterally and within the World Trade Organization. The U.S. is one of the top destinations for Swiss investment and is one of the largest foreign investors in Switzerland. The U.S. and Switzerland have signed an agreement creating a trade and investment forum to assess areas where the two governments could facilitate greater trade and investment flows.