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Main reason for upgrading China-Switzerland FTA?
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China•Switzerland•Free Trade Agreement•FTA•Wang Wentao•Swiss•Guy Parmelin•Chinese Ministry of Commerce
Resolution / Starting Odds
Increase bilateral trade • 25%
Counter protectionism • 25%
Boost economic growth • 25%
Strengthen political ties • 25%
Official statements from China's Ministry of Commerce or Swiss Federal Council
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China and Switzerland Agree to Initiate Talks to Upgrade Free Trade Agreement as Soon as Possible
Jul 2, 2024, 08:20 AM
China and Switzerland have agreed to initiate talks to upgrade their existing Free Trade Agreement (FTA) as soon as possible. This decision was reached during a meeting on Monday between China's Commerce Minister Wang Wentao and Swiss Federal Councillor Guy Parmelin. The Chinese Ministry of Commerce confirmed the agreement in an online statement and emphasized the importance of adhering to free trade principles, opposing protectionism and unilateralism. China's Vice Premier also expressed willingness to deepen and expand economic and trade cooperation with Switzerland.
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Transport • 25%
Health • 25%
Finance • 25%
Other • 25%
Economic reasons • 25%
Political reasons • 25%
Tourism boost • 25%
Other • 25%
Norway • 33%
Switzerland • 33%
Other • 34%
Immigration and labor market • 25%
Trade and economic impact • 25%
Sovereignty and political implications • 25%
Other issues • 25%
Agricultural Products • 25%
Technology Products • 25%
Energy Products • 25%
Automotive Products • 25%
Financial loss to France • 25%
Ethical concerns • 25%
Political pressure • 25%
Other reasons • 25%
Increase in Tariffs • 33%
Decrease in Trade Volume • 33%
No Significant Change • 33%
Economic reasons • 25%
Political reasons • 25%
Public health reasons • 25%
Other • 25%