AGP Executive Report

Made in Europe Push: Stellantis, Volkswagen and Renault want simpler EU rules and incentives for “Made in Europe” cars, proposing a 70% local-content target (including Iceland, Liechtenstein and Norway) as they push back against Chinese EVs. Liechtenstein in the spotlight: Liechtenstein’s Alexander Ospelt narrowly beat Johan Eliasch to become FIS president, in a vote shadowed by allegations of IOC influence. Trade ties: India’s Commerce Minister Piyush Goyal will visit Switzerland (June 12-13) to drive implementation of the India-EFTA TEPA, with meetings including Liechtenstein’s EFTA partners in mind. Digital infrastructure: Open Cosmos says Liechtenstein has requested an ITU deadline extension for its sovereign broadband satellite constellation after launch setbacks. Local finance & fintech: Liechtenstein’s private banking model and its fintech push are highlighted in new coverage, alongside a note that the country keeps a Triple-A rating. Energy costs: A global ranking places Liechtenstein among Europe’s higher residential electricity prices.

FIS Leadership Shake-Up: Liechtenstein lawyer Alexander Ospelt narrowly beat Johan Eliasch 65-64 to become president of the International Ski and Snowboard Federation, with Eliasch alleging IOC influence after losing and also losing his IOC membership. Trade & Cooperation: Commerce Minister Piyush Goyal will visit Switzerland next week to push rollout of the India-EFTA TEPA, signed in 2024 and in force since October 2025, with meetings in Berne including Swiss officials and pharma leaders; he also said the WTO is “not very effective right now,” arguing India is working via bilateral deals. Digital & Connectivity: Open Cosmos is seeking an ITU deadline extension for its sovereign broadband satellite constellation after launch issues, while YouTube has restarted DMs in Liechtenstein and other countries for 18+ verified users. Liechtenstein Economy: A new report highlights Liechtenstein’s fintech push as regulation-led and cross-border focused, and another notes the country’s continued Triple-A rating. Travel Rules: The EU’s entry/exit system (EES) is expected to cause long airport queues this summer, with warnings of waits up to six hours.

Liechtenstein in the spotlight: Liechtenstein lawyer Alexander Ospelt has won the presidency of the International Ski and Snowboard Federation, beating Johan Eliasch by one vote (65-64) after Eliasch alleged IOC influence and lost his IOC membership. Sports health update: Belgium winger Jérémy Doku returned to full training after breathing issues during a closed session, ahead of Belgium’s World Cup opener against Egypt. Local economy signal: Liechtenstein kept its Triple-A sovereign rating, with S&P citing low debt, deep reserves and budget surpluses despite expected stagnation. Tech and investment: Liechtenstein-based Gnomon Capital acquired Croatian data-centre operator DC North, expanding its digital infrastructure footprint. Travel pressure in Europe: The EU’s Entry/Exit System is already causing long border queues, with tourism groups warning delays could hit visitor numbers and spending. World Cup viewing: FIFA World Cup 2026 matches are set to be widely available across TV and streaming platforms, with 48 teams and 104 games.

Liechtenstein Economy: Liechtenstein has kept its Triple-A sovereign rating, with S&P citing low debt, deep reserves and budget surpluses, and a stable outlook despite a 2025 contraction. Sports & Community: In World Cup build-up, Belgium winger Jérémy Doku returned to full training ahead of the opener against Egypt, while a friendly list also shows Liechtenstein in international action. Digital Infrastructure: Liechtenstein-based Gnomon Capital bought Croatian data-centre operator DC North, expanding its footprint in Europe’s growing colocation and connectivity market. Ski Governance: Liechtenstein lawyer Alexander Ospelt is on the ballot for the FIS presidency, challenging Johan Eliasch amid calls for more transparency and athlete-first change. Travel & Borders: The EU’s EES entry/exit system is still triggering long waits, with warnings that disruption could last for years and hit tourism hard. EU Neighbours: Iceland’s EU-accession debate is heating up ahead of an August vote, with critics arguing membership would move the country away from its democracy.

Liechtenstein Economy: S&P Global kept Liechtenstein’s Triple-A rating with a stable outlook, citing low debt, deep reserves and budget surpluses despite expected stagnation. Digital Infrastructure: Liechtenstein-based Gnomon Capital bought Croatia’s DC North data centre operator, boosting its footprint in Europe’s fast-growing colocation and secure data services market. Sports & Community: In international friendlies, Liechtenstein lost 2-0 to Cyprus, while the World Cup countdown is on with 48-team action starting June 11 and new debutants including Cape Verde, Curaçao, Jordan and Uzbekistan. Travel Pressure in Europe: The EU’s Entry/Exit System (EES) is driving long border queues and could cut Schengen tourism by up to one-third, with warnings of waits up to six hours this summer. Royal Note: A Liechtenstein royal wedding also made headlines, as Baron Lukas von Lattorff married Countess Marie Wilczek in Austria.

EES Border Crunch: The EU’s Entry/Exit System is now fully running across 29 countries, and travel groups warn queues could stretch to six hours this summer—potentially hitting Schengen tourism by up to 41 million arrivals and $45.4 billion. Local Travel Reality: Switzerland is already seeing longer waits at airports under the new EES checks, and travellers are being urged to build extra time into summer plans. Liechtenstein Royals: A second royal wedding made headlines in the tiny principality’s orbit—Baron Lukas von Lattorff married Countess Marie Wilczek in Austria on June 6. Finance Watch: Liechtenstein keeps its Triple-A sovereign rating, with S&P citing low debt and deep reserves. Sports (Vaduz): Liechtenstein host Cyprus in a friendly at Rheinpark Stadion, Vaduz, as both sides prepare for life after World Cup qualification. World Cup Build-Up: With kickoff 48 hours away, ESPN’s power rankings spotlight the tournament favourites.

World Cup Countdown: With 48 hours to kickoff, ESPN’s 2-days-out power rankings and the latest World Cup qualification wrap show Europe’s heavyweights and returning nations lining up for the 48-team tournament. Ukraine Diplomacy: Peace talks remain stalled as Russia rejects Zelenskiy’s open letter, while UK, France and Germany push a five-point negotiation plan in London. Trade & Tariffs: The U.S. keeps reshaping Section 232 metals rules—tariff rates for certain agricultural equipment, HVAC and mobile industrial machinery shift, while some derivative products face higher costs, with new customs filing instructions coming into play. Liechtenstein Football: Liechtenstein end their World Cup miss with a friendly against Cyprus at Rheinpark Stadion in Vaduz, after a tough run of home results. Travel Pressure (EES): New Entry/Exit System checks are still causing airport delays and longer waits for travellers heading to and from Switzerland and the wider Schengen area. Visa Politics: Several EU countries demand tighter visa rules for Russians, citing rising applications and permits tied to tourism. Local Human Interest: A Rhine Cycle charity ride through Liechtenstein and beyond is raising funds for a bereavement suite for baby-loss families.

Section 232 Tariffs Update: President Trump’s June 1 proclamation tweaks U.S. metals tariffs, with temporary changes taking effect June 8 through Dec. 31, 2027—cutting rates for certain agricultural equipment and residential HVAC items, creating new tiered rates for mobile industrial machinery, and tightening rules for what counts as “U.S.-made” (dropping the threshold from 95% to 85%). Customs/Importer Impact: U.S. CBP issued filing instructions (CSMS #68855869) for affected steel, aluminum and copper derivatives, warning importers to update classifications to avoid wrong duties on shipments entered for consumption tonight. Liechtenstein Football: Liechtenstein’s World Cup warm-up ended with Cyprus beating them 2-0 at Rheinpark Stadion. EU Travel Friction: Switzerland is seeing longer airport waits as the Entry/Exit System (EES) records biometric data for non-EU travelers, with queues reported up to around two hours. Visa Politics: 11 EU countries are pushing for stricter visa rules for Russians, citing rising tourist permits.

Liechtenstein Football: Liechtenstein host Cyprus in a friendly at Rheinpark Stadion, Vaduz (Sunday, June 7, 9 a.m. ET; FS2), with both sides missing the 2026 World Cup and looking to finish the season on a better note after recent results. EU Border Checks: New Entry/Exit System (EES) rules are still slowing travel into Switzerland, with non-EU/UK/US arrivals sometimes facing waits of up to two hours at passport control as biometric data is collected. World Cup Warm-ups: Norway closes World Cup preparations with a friendly against Morocco, while other warm-ups across Europe continue as teams build for Nations League campaigns. Visa Politics: 11 EU countries are pushing for stricter visa rules for Russian citizens, citing rising tourist permits amid the war in Ukraine. Science & Innovation: St. Kitts and Nevis marked a milestone by launching the Caribbean’s first space life sciences experiment, developed with partners including the University of Zurich and Liechtenstein-linked space institutions. Travel Planning: UK holidaymakers are being urged to arrive far earlier at European airports to avoid EES-related queues and missed flights.

Liechtenstein Football: Liechtenstein host Cyprus at Rheinpark Stadion in Vaduz on Sunday, June 7, in a World Cup warm-up friendly for both sides that missed out on the 2026 tournament. Liechtenstein will be looking to avoid a third straight defeat after a tough run at home, while Cyprus arrive aiming to extend a positive weekend. EU Border Checks & Travel: Switzerland is seeing longer passport-control waits as the EU’s Entry/Exit System (EES) rolls on, with non-EU travellers needing biometric registration on first entry—so queues can stretch to around two hours at times. Ukraine in Switzerland: The Global Ukrainian Summit wrapped up in Bern, with organisers saying Switzerland is becoming a key hub for dialogue, cooperation and long-term partnerships, and that civil society is central to Ukraine’s future. Trade & Tariffs: The U.S. is starting a targeted overhaul of Section 232 metal tariffs tonight, with changes affecting specific import categories and requiring updated customs filings to avoid wrong duty charges. Sports TV/Fixtures: A busy Sunday slate includes Liechtenstein vs Cyprus plus multiple international friendlies and World Cup warm-ups.

Liechtenstein Football: Liechtenstein host Cyprus at Rheinpark Stadion in Vaduz for a World Cup-free friendly, with Konrad Fünfstück warning Cyprus are stronger individually and on quality of play; Liechtenstein are coming off a tough run at home and will be looking to stop the slide. Travel & Borders: The EU’s Entry/Exit System (EES) is still causing longer airport waits for non-EU travellers, with Switzerland reporting passport-control delays of up to two hours as biometric checks slow entry. EU Mobility: The EU is set to start talks to extend “Roam Like at Home” to the Western Balkans (WB6), aiming to bring roaming charges down to domestic rates across the region, including Liechtenstein already covered under the current scheme. World Cup Warm-ups: Norway’s World Cup preparations continue with a friendly against Morocco, while other tune-ups across Europe keep fans busy ahead of June’s tournament build-up. Sports TV Listings: Multiple outlets publish Sunday viewing guides for friendlies and major sports schedules.

World Cup Warm-ups: Liechtenstein host Cyprus at Rheinpark Stadion on Sunday, with the Blue-Reds looking to avoid a third straight defeat after a tough run at home and a 2-0 loss to Andorra on Thursday. EU Travel Rules: Switzerland is seeing longer airport queues after the EU’s Entry/Exit System went live across Schengen on April 10; non-EU/Swiss/Norwegian/Icelandic/Liechtenstein passports now face biometric checks, with waits reported up to two hours (and longer at peak times). EU Roaming Deal: The EU has agreed to start talks to extend “Roam Like at Home” to six Western Balkan countries, including Liechtenstein’s wider region partners like North Macedonia and Serbia, aiming for domestic-rate roaming across borders. Sports TV Guide: Sunday’s TV listings highlight major international friendlies and broadcasts, including Argentina vs Honduras and Brazil vs Egypt, as teams fine-tune for the summer tournament.

EU Roaming Deal: The EU has approved talks to extend “Roam Like at Home” to six Western Balkan countries, including Liechtenstein’s wider roaming context, with sector-by-sector agreements now starting. Border & Travel Pressure: Switzerland is seeing passport-control waits up to two hours under the EU’s Entry/Exit System, while UK holidaymakers are being urged to arrive three hours early to avoid missing flights. Liechtenstein Football: Liechtenstein host Cyprus in a World Cup warm-up at Rheinpark Stadion, with the Blue-Reds looking to stop a rough run at home after recent defeats. Sports TV Guide: Multiple match schedules and friendlies are listed for today and the weekend, including Andorra vs Liechtenstein. Trade & Tariffs: US tariff rules are shifting again under Section 232 and broader trade litigation, with new guidance expected as annex classifications roll out. Health & Pharma: CinnaGen becomes the first Iranian firm to win EU approval for an osteoporosis drug, a notable regulatory milestone.

Entry/Exit System Delays: Travelers arriving at Swiss airports from outside Schengen are facing up to two hours in passport control queues after the EU’s Entry/Exit System went live on 10 April, with biometric registration slowing checks (Geneva and Zurich among the worst hit). Roam Like at Home Expansion: The EU has approved talks to extend “Roam Like at Home” to the Western Balkans, with negotiations starting for Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia and Serbia—aiming for domestic-rate roaming across the region, including Liechtenstein already covered under the current scheme. Crypto Regulation in Vaduz: RULEMATCH says it has received MiCA authorization from Liechtenstein’s FMA to run a crypto trading platform via its Vaduz-based entity, with trading set to begin using an RFQ model and post-trade clearing/settlement. Travel Advice for Summer: With EES-related border bottlenecks continuing, travellers are being urged to arrive at least three hours early to avoid missing flights. EU Enlargement Push: Germany and France have circulated a non-paper ahead of the Western Balkans summit in Tivat, backing “gradual integration” for candidate countries and Moldova while keeping the process merit-based.

EU Roaming Relief for the Balkans: The EU has agreed to start formal talks to extend “Roam Like at Home” to six Western Balkan countries, aiming to scrap mobile roaming charges for Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia and Serbia—after each updates telecom laws to match EU standards. Border Delays at Swiss Airports: New EU Entry/Exit System checks are already slowing non-Schengen arrivals in Switzerland, with passport control waits reported up to two hours (and longer at peak times) as biometric registration kicks in. Nuclear Watchdog Update on Iran: The UN’s nuclear watchdog says it has been unable to inspect Iranian nuclear facilities affected by last June’s war, limiting what it can say about enriched uranium stockpiles. Liechtenstein in the Tech Spotlight: RULEMATCH says it has MiCA authorization in Liechtenstein to run a crypto trading platform via its Vaduz-based entity, with trading set to begin using a request-for-quote model. World Cup Warmups (Andorra vs Liechtenstein): International friendlies continue, including Andorra taking on Liechtenstein as teams fine-tune squads ahead of the 2026 tournament.

UK Student Visas: UKVI warns student visa applicants will be refused if they can’t meet proof-of-funds rules for course fees and living costs, with monthly requirements varying by study location (London vs outside). EU Roaming Expansion: The EU Council approved talks to extend “Roam Like at Home” to the Western Balkans (WB6), aiming to let travellers use calls, texts and data abroad without extra roaming charges. EU Border Friction: The EU’s Entry/Exit System is already causing delays, and non-EU travellers should expect biometric checks and possible airport chaos as systems bed in. Liechtenstein in the Spotlight (Sports): Andorra take on Liechtenstein in a World Cup warm-up, with the match listed among today’s friendlies. Crypto Regulation in Vaduz: RULEMATCH says it has Liechtenstein FMA MiCA authorization and will onboard EEA participants via its Vaduz-based entity, with trading starting on an RFQ model. Travel Costs After Brexit: Reports highlight dual pricing for some major attractions and remind travellers that passport rules and new entry requirements can add both time and money to European trips.