Team Timers’ joint venture with Rolex in Switzerland will pose little to no political risk due to Switzerland being ranked fourth in 2020 for their performance on economic transformation readiness. Also, Switzerland benefits from the 5 million workers, firm political atmosphere, low tariffs, sturdy domestic buying power, advanced monetary markets, highly developed infrastructure, a solid macroeconomic domain, and a powerful service district (Gov.UK, 2021).
Switzerland uses The European Union (EU) as its core trading partner the USA, China, and Hong Kong follow. Furthermore, Switzerland is one of the founders of the European Free Trade Association (EFTA) and signed the Free Trade Agreement with the EU. Currently, Switzerland has 41 partners with 31 free trade agreements (FTAs).
