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China-Switzerland FTA upgrade will scrap tariffs on more than 99% of imports: MOFCOM
The share of zero-tariff imports in goods trade for China and Switzerland will exceed 99 percent, after the two sides recently concluded negotiations on upgrading the Free Trade Agreement (FTA), a spokesperson from China’s Ministry of Commerce (MOFCOM) told a press conference on Thursday.
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scmp.com
China and Switzerland have a new trade agreement. What does it mean for the EU?
The move, seen by analysts as a signal to the EU, will eventually double duty-free coverage included in 12-year-old free-trade agreement.
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caixinglobal.com
China and Switzerland Conclude Upgraded Free-Trade Deal
The revised pact will eliminate Chinese tariffs on 99.8% of Swiss exports, expanding Beijing’s economic footprint in Europe amid EU trade tensions
