Swiss Defense Firm Shifts to Portugal

This is a Switzerland news story, published by SWI, that relates primarily to Swiss People’s Party news.

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Swiss arms exports

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Swiss arms industry

SWI

•

World

Swiss defence industry moving abroad to escape neutrality

Summary

Nutrition label

73% Informative

Switzerland 's arms industry generates just over 0.2% of the country’s economic output and about 14,000 jobs.

Switzerland 's neutrality has magnified the sector's importance, with strict export rules for arms.

Switzerland was criticised for blocking shipments of Swiss -made weapons to Ukraine , and now Switzerland risks missing out on lucrative contracts.

Right-wing Swiss People’s Party wants to enshrine everlasting’ neutrality into the constitution.

Government agencies warn of national security concerns as the country's industrial and technological base is hollowed out by an increasing reliance on arms imports.

The Swiss government has asked parliament to reinstate its former power for arms re-export approvals.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech