EFTA-Vietnam Trade Deal: EFTA (including Liechtenstein) has signed an “ambitious” free trade agreement with Vietnam in Reykjavik, aiming to cut customs duties and cover goods/services, rules of origin, sanitary standards, investment, IP, and public procurement. UN Diplomacy: Canada’s UN ambassador says Prime Minister Mark Carney’s “middle powers” and “variable geometry” approach is already being practiced at the UN, including issue-based coalitions. Schengen Travel Rules: The EU’s Entry/Exit System (EES) is driving fresh summer border delays, with airports and airlines urging the European Commission to act as biometric checks replace passport stamping across Schengen (including Liechtenstein). Crypto Regulation Shock: MiCA’s July 1 deadline is pushing many European crypto firms out of the market; Liechtenstein-based Sygnum Europe, however, is expanding after securing a MiCA licence. UK-EU Cultural Link: A petition to keep the UK fully in Creative Europe from 2027 has extended its deadline, reflecting ongoing post-Brexit cultural policy friction. Finance/Wealth Tech: Objectway is buying FNZ’s Swiss private banking technology business, strengthening cross-border private banking capabilities that already serve Liechtenstein-linked clients. EU Steel Protection: New EU steel quotas and higher tariffs take effect July 1, with Switzerland losing some duty-free access—an issue that also matters for Liechtenstein’s EEA trade environment.