Updated free trade deal between Switzerland and China set for 2025

The enhanced free trade agreement between Switzerland and China is set to enter into force in 2025. This is the assumption of parliamentarian Thomas Aeschi, president of the EU-EFTA delegation. He will be in China with Swiss parliamentarians until Saturday. +Get the most important news from Switzerland in your inbox Bern wants to revise the modalities of the agreement, in particular the export of its products, which is still heavily taxed. A new agreement should be reached within the next 12 months, Aeschi told the Swiss News Agency Keystone-SDA on Thursday. Switzerland and China officially launched the resumption of negotiations on the free trade agreement signed in 2014 in September. In particular, Switzerland wants to review the tariff concessions for the products it exports. For example, millions in customs duties are still being paid on Swiss watches that are shipped to China. + Why is Switzerland refusing to follow EU sanctions on China? China, for its part, wants Swiss ...