U.K. Joining EFTA May Pose Balance Risk, Swiss Minister Says

  • EFTA is a ‘good team’ in current form, Schneider-Ammann says
  • British panel has suggested EFTA re-entry following Brexit
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A U.K. return to the European Free Trade Association following Brexit would alter the balance of the four-country body, leading to British dominance of the group, according to Swiss Economy Minister Johann Schneider-Ammann.

“EFTA as it is today, we are a good team,” Schneider-Ammann said in an April 6 interview in Geneva. “We had no discussion about it. Personally I am not very keen in stepping into such kind of discussions just now,” though a tie-up may make sense in the future.