Switzerland and China have agreed to expand their free trade agreement, indicating that more than 99% of exports to China are expected to become tariff-free. The specific products covered and the effective date are expected to be finalized in future talks, with details to be announced later.
Switzerland and China have reached an agreement to expand their free trade agreement and agreed to partially revise their mutual tariff framework.
More than 99% of exports to China are expected to qualify for tariff-free treatment, but the effective date and a specific list of covered products have not been disclosed.
The details of the implementation schedule and scope of application are expected to be finalized in future talks, with further easing of trade relations between the two countries anticipated.
This article reports breaking news and should be read pending future official announcements.