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The Council of States has approved a free trade agreement with India, presenting significant opportunities for Switzerland's export-driven economy, particularly in machinery, watchmaking, and pharmaceuticals. However, concerns arise over sustainability, patent law, and the trade of war materials, with critics questioning the adequacy of oversight and the commitment to ethical investment practices. The agreement includes a pledge of $100 billion to create one million jobs in India, but the source and conditions of this funding remain unclear.
Cédric Wermuth, Co-President of the SP, argues that immigration is essential for Switzerland's prosperity and infrastructure, warning that limiting it could lead to hospital closures. He opposes the SVP's initiative to cap immigration and emphasizes the need to protect public services and wages in ongoing EU negotiations, which are nearing completion.
Gerhard Pfister, president of the Center Party, is reevaluating support for homeowners' association proposals after recent defeats in referendums. He warns that the upcoming initiatives could face rejection if they lack broad backing, signaling a potential shift in tenancy law dynamics. Discussions for compromise are anticipated as both sides seek to navigate the parliamentary process effectively.
The Swiss electorate has rejected two rental proposals aimed at tightening subletting rules and making lease terminations easier for personal use, marking a narrow victory for tenants. In response, the tenants' association plans to launch a popular initiative for rent controls and regular monitoring, while homeowners prepare further parliamentary initiatives. The ongoing dispute over rental regulations is set to continue, with both sides gearing up for future battles.
Justice Minister Beat Jans faces significant challenges in countering the SVP"s "sustainability initiative," which seeks to limit immigration. His proposals, including higher family allowances and stricter job protection for older employees, have sparked criticism from both federal colleagues and employers, while trade unions demand substantial social measures. The political climate is tense, with the Federal Council needing to navigate public sentiment and past referendum outcomes to avoid further backlash.
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