Liechtenstein participates in coalition to strengthen the international trading system
Vaduz (ots)
Together with thirteen other representatives of small and medium-sized countries, Deputy Prime Minister Sabine Monauni took part in the virtual launch of the Future of Investment and Trade Partnership (FIT Partnership) on 16 September 2025. The World Trade Organization was also represented by its Director-General, Ngozi Okonjo-Iweala.
Goal of open and fair trade
For small and medium-sized countries that rely on open and fair trade with the world, the rules-based multilateral trading system is of vital importance. Globally, measures that restrict trade risk fragmenting the global economy, dampening global economic growth, and heightening inflationary and unemployment pressures. The FIT Partnership will champion open and fair trade so that all countries can benefit from increased economic security and job opportunities. Its members will jointly develop solution-oriented initiatives to strengthen the rules-based trading system. The FIT Partnership will strive to amplify the collective influence of its members on the global stage.
The FIT Partnership seeks to be an agile platform in which members can collaborate on a range of trade topics, including the strengthening of supply chains, the removal of non-tariff trade barriers, the facilitation of investment, and the integration of emerging technologies into international trade flows. As it grows, the coalition will invite other countries interested in these objectives and willing to uphold its principles, ensuring that the platform remains inclusive and adaptable. In addition to Liechtenstein, the founding members of the FIT Partnership are Brunei, Chile, Costa Rica, Iceland, Morocco, New Zealand, Norway, Panama, Rwanda, Singapore, Switzerland, the United Arab Emirates, and Uruguay.
Contact:
Ministry of Foreign Affairs, Environment and Culture
Thomas Bischof, Secretary General
T +423 236 60 39
thomas.bischof@regierung.li