The Swiss government said on Wednesday that it would from May 1 remove the European Union from a list of jurisdictions affected by protective measures for the Swiss stock exchange, ending a block on the trading of Swiss shares on other bourses.

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The EU will be removed from the list of jurisdictions affected by Switzerland's stock market protection measures.

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Switzerland will remove the European Union from its stock market protection list, rolling back a measure it imposed in 2019 after both sides agreed to a deal to revamp their relations.