Swiss neutralitySwiss neutrality is one of the main principles of Switzerland's foreign policy which dictates that Switzerland is not to be involved in armed or political conflicts between other states. This policy is self-imposed and designed to ensure external security and promote peace. Switzerland has the oldest policy of military neutrality in the world; it has not participated in a foreign war since its neutrality was established by the Treaty of Paris in 1815.
Swiss Armed ForcesThe Swiss Armed Forces (Schweizer Armee, Armée suisse, Esercito svizzero, Armada svizra; Swiss Army) operates on land and in the air, serving as the primary armed forces of Switzerland. Under the country's militia system, regular soldiers constitute a small part of the military and the rest are conscripts or volunteers aged 19 to 34 (in some cases up to 50). Because of Switzerland's long history of neutrality, the Swiss Armed Forces do not take part in conflicts in other countries, but do participate in international peacekeeping missions.
Banking in SwitzerlandBanking in Switzerland dates to the early eighteenth century through Switzerland's merchant trade and has, over the centuries, grown into a complex, regulated, and international industry. Banking is seen as emblematic of Switzerland. The country has a long history of banking secrecy and client confidentiality reaching back to the early 1700s. Starting as a way to protect wealthy European banking interests, Swiss banking secrecy was codified in 1934 with the passage of the landmark federal law, the Federal Act on Banks and Savings Banks.
History of SwitzerlandSince 1848 the Swiss Confederation has been a federal republic of relatively autonomous cantons, some of which have a history of federation that goes back more than 700 years, putting them among the world's oldest surviving republics. The early history of the region is tied to that of Alpine culture. Switzerland was inhabited by the Helvetii, and it came under Roman rule in the 1st century BC. The Gallo-Roman culture was amalgamated with Germanic influence during Late Antiquity, with the eastern part of Switzerland becoming Alemannic territory.
