China has agreed the technical details of a free-trade agreement with Switzerland, and the deal is likely to be signed in coming months, the Swiss economy minister has confirmed.
The agreement follows a deal between China and Iceland last month, which was Beijing’s first trade agreement with a European country.
The deal with Switzerland, which took more than three years to negotiate, is set to include some reductions in tariffs in sectors such as manufacturing and chemicals, as well as in agriculture. Full details of the pact have not yet been released, but are likely to be published over the summer, Johann Schneider-Ammann said on Wednesday.
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