Trade Agreement China Switzerland

The “agreement” is one of the highest and most comprehensive free trade agreements in China in recent years. It has the following characteristics: Switzerland and Iceland are the only two non-member income economies in the Chinese neighbourhood to currently have a comprehensive trade agreement with China. Although modest, the CSFTA has been touted as a milestone, with Swiss supporters calling it their most important agreement since the 1972 free trade agreement with the EU. CHINA FREE TRADE AGREEMENT Evaluation of the potential of the free trade agreement with the People`s Republic of China for Swiss exports FTA exporters implemented The rules of origin of the FTA are however the concessions of China mainly in areas where trade barriers were already low. The CSFTA is making little progress in areas of potential interest to the EU. B such as high value-added production (mainly vehicles) and professional services. The agreement hardly addresses other Chinese practices that attract the most persistent criticism from the EU and others. For example, while both sides commit to “adequate and effective protection of intellectual property rights and enforcing intellectual property rights,” commitments remain vague and are consistent with previous joint statements between China and the EU. The bilateral dialogue on intellectual property rights and the annual meeting of the INTELLECTUAL property working group, set up by the CSFTA, do not appear to have made much progress beyond the original Memorandum of Understanding.

1st Anniversary of the Free Trade Agreement between Switzerland and China: An Important Step in Foreign Economic Policy The implementation and implementation of the agreement represents the determination and confidence of both sides to strengthen their economic and trade relations, reflecting the determination and confidence of the Chinese government to open up and open up unfailingly. It also reflects China`s active participation in economic globalization and regional economic integration. Determination and trust. Update: Swiss-China Free Trade Agreement: Sino-Swiss economic relations in direct transport have accelerated since Deng Xiaoping`s economic reforms in the late 1970s. [3] Switzerland`s trade with China is not in deficit like that of other industrialized countries with China. Two-way trade between the two countries is growing at an annual rate of 20-30%. [4] In 2007, Swiss exports were valued at 5.4 billion francs, or $5.36 billion. [4] China is now Switzerland`s largest trading partner in Asia, ahead of Japan. [4] China and Switzerland in the “agreement”, public procurement, the environment, labour and employment cooperation, intellectual property, competition and other Free Trade negotiations in the past rarely respect the rules of the agreement. The agreement is rich in content.

There are 16 chapters of the agreement, including the preamble, general principles, trade in goods, rules of origin and procedure, customs and trade facilitation procedures, trade, technical barriers to trade, health and plant health measures, trade in services, investment promotion, competition policy, intellectual property protection , economic and technical cooperation, institutional arrangements, dispute resolution and concluding clauses. The agreement is the first free trade agreement signed between China and the European continent. It is a quality agreement, rich in content and mutually beneficial. China`s concessions under the CSFTA in the area of financial services and insurance services – another important interest of Switzerland and the EU – are weak. In the area of insurance, there are no additional concessions to China`s accession protocol, although there is greater specificity in the provision of activities authorized by the Chinese branches of Swiss companies.

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