Tariffs: Switzerland and China end negotiations on free trade agreement
Soon, almost complete customs-free status is to apply to all goods from Switzerland to China. This is the result of negotiations on improvements to the countries' free trade agreement.
Switzerland and China have concluded negotiations to upgrade their free trade agreement, Swiss President Guy Parmelin and Chinese Trade Minister Wang Wentao announced in Bern. The agreement is expected to allow Swiss companies to export nearly all their goods to China duty-free, rectifying an imbalance where almost all Chinese imports to Switzerland are currently tariff-free, but only about half of Swiss exports to China enjoy the same status.
The upgraded deal, which is set to be signed in 2026, will also secure market access for Swiss investors in China and strengthen environmental and labor provisions. China is Switzerland's third-largest trading partner, after the EU and the US.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
