Switzerland and China conclude negotiations on free trade agreement
Switzerland and China have optimised their free trade agreement. In future, Swiss exports are to enter the Chinese market duty-free.
Switzerland and China have upgraded their free trade agreement, with Swiss exports set to enter the Chinese market duty-free. Currently, only around half of Swiss exports are duty-free in China, but by mid-term, 99.8 percent of current Swiss exports will have duty-free access. The upgraded agreement also secures access for Swiss investors to the Chinese market.
The two countries will now prepare for the signing of the agreement, which is targeted for 2026, followed by domestic approval procedures. Federal President Guy Parmelin and Chinese Trade Minister Wang Wentao concluded the negotiations in Bern on Thursday.
Written by urgent.news from NZZ Wirtschaft's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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