Legislative branch: bicameral Federal Assembly or Bundesversammlung (in German), Assemblee Federale (in French), Assemblea Federale (in Italian) consists of the Council of States or Standerat (in German), Conseil des Etats (in French), Consiglio degli Stati (in Italian) (46 seats - members serve four-year terms) and the National Council or Nationalrat (in German), Conseil National (in French), Consiglio Nazionale (in Italian) (200 seats - members are elected by popular vote on the basis of proportional representation to serve four-year terms) elections: Council of States - last held NA 1999 (each canton determines when the next election will be held); National Council - last held 24 October 1999 (next to be held NA October 2003) election results: Council of States - percent of vote by party - NA%; seats by party - FDP 18, CVP 15, SVP 7, SPS 6; National Council - percent of vote by party - SPS 22.5%, SVP 22.6%, FDP 19.9%, CVP 15.8%, other small parties all under 5%; seats by party - SPS 51, SVP 44, FDP 43, CVP 35, Green Party 9, other small parties 18
Judicial branch: Federal Supreme Court (judges elected for six-year terms by the Federal Assembly)
Political parties and leaders: Christian Democratic People's Party
(Christichdemokratische Volkspartei der Schweiz or CVP, Parti
Democrate-Chretien Suisse or PDC, Partito Democratico-Cristiano
Popolare Svizzero or PDC, Partida Cristiandemocratica dalla Svizra
or PCD) [Philipp STAEHELIN, president]; Green Party (Grune Partei
der Schweiz or Grune, Parti Ecologiste Suisse or Les Verts, Partito
Ecologista Svizzero or I Verdi, Partida Ecologica Svizra or La
Verda) [Ruth GENNER and Patrice MUGNY, co-presidents]; Radical Free
Democratic Party (Freisinnig-Demokratische Partei der Schweiz or FDP,
Parti Radical-Democratique Suisse or PRD, Partitio Liberal-Radicale
Svizzero or PLR) [Gerold BUEHRER, president]; Social Democratic Party
(Sozialdemokratische Partei der Schweiz or SPS, Parti Socialist Suisse
or PSS, Partito Socialista Svizzero or PSS, Partida Socialdemocratica de
la Svizra or PSS) [Christiane BRUNNER, president]; Swiss People's Party
(Schweizerische Volkspartei or SVP, Union Democratique du Centre or UDC,
Unione Democratica de Centro or UDC, Uniun Democratica dal Center or UDC)
[Ueli MAURER, president]; and other minor parties
Political pressure groups and leaders: NA
International organization participation: ACCT, AfDB, AsDB, Australia
Group, BIS, CCC, CE, CERN, EAPC, EBRD, ECE, EFTA, ESA, FAO, G-10, IADB,
IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, ILO, IMF,
IMO, Interpol, IOC, IOM, ISO, ITU, LAIA (observer), MONUC, NAM (guest),
NEA, NSG, OAS (observer), OECD, OPCW, OSCE, PCA, PFP, UN (observer),
UNCTAD, UNESCO, UNHCR, UNIDO, UNITAR, UNMEE, UNMIBH, UNMIK, UNMOP,
UNOMIG, UNTSO, UNU, UPU, WCL, WHO, WIPO, WMO, WToO, WTrO, ZC
Diplomatic representation in the US: Ambassador Christian BLICKENSTORFER consulate(s): New York, and San Francisco FAX: [1] (202) 387-2564 telephone: [1] (202) 745-7900 chancery: 2900 Cathedral Avenue NW, Washington, DC 20008
Diplomatic representation from the US: chief of mission: Ambassador Mercer REYNOLDS III embassy: Jubilaeumstrasse use embassy street address telephone: Flag description: red square with a bold, equilateral white cross in the center that does not extend to the edges of the flag
Economy Switzerland
Economy - overview: Switzerland is a prosperous and stable modern market economy with a per capita GDP higher than that of the big western European economies. The Swiss in recent years have brought their economic practices largely into conformity with the EU's to enhance their international competitiveness. Although the Swiss are not pursuing full EU membership in the near term, in 1999 Bern and Brussels signed agreements to further liberalize trade ties. They continue to discuss further areas for cooperation. Switzerland remains a safe haven for investors, because it has maintained a degree of bank secrecy and has kept up the franc's long-term external value. The GDP growth rate dipped to 1.6% in 2001, and the government projects that it will slow further to 1.3% in 2002.
GDP: purchasing power parity - $226 billion (2001 est.)