China And Switzerland Free Trade Agreement

The agreement allows the parties to apply, under certain conditions, bilateral safeguard measures. If tariff concessions granted under the Free Trade Agreement result in an increase in imports to such an extent that a domestic industry is or is likely to suffer serious injury, tariff concessions may be temporarily suspended. Six years later, the CSFTA gives interesting insights. Even though the EU is far from considering its own trade deal with China, the CSFTA serves as an indicator of the concessions the EU might expect from China and should make in exchange. However, the CSFTFT sets a low bar for EU negotiators. After Brexit, the EU remains a much more important trading partner for China than Switzerland (trade between the EU27 and China amounted to $670 billion in 2018, more than ten times more than between Switzerland and China). On 6 July 2013, the People`s Republic of China («China») and Switzerland signed a free trade agreement (the «Free Trade Agreement») after nine rounds of negotiations that took place between January 2011 and July 2013, as well as other discussions between the two countries that began in 2007. The free trade agreement will improve reciprocal access to markets for goods and services, enhance legal certainty for the protection of intellectual property and bilateral economic exchanges in general, and deepen bilateral cooperation. The free trade agreement is expected to enter into force in 2014, after being ratified by one of the two parties in accordance with the requirements of their respective domestic legal systems. The free trade agreement and its annexes are 1152 pages (www.seco.admin.ch/themen/00513/00515/01330/05115/index.html?lang=fr).

The Free Trade Agreement includes: trade in goods (industrial and agricultural products), rules of origin, customs procedures and trade facilitation, trade measures, technical rules, sanitary and phytosanitary measures, trade in services, protection of intellectual property, competition, investment promotion, transparency of government procurement, trade-related environmental and labour issues, economic and technical cooperation and institutional arrangements (Joint Committee, consultation process, B. Dispute Settlement). With this comprehensive coverage, the free trade agreement will improve market access for Swiss exports of goods and services to the fast-growing Chinese market, facilitate mutual trade, strengthen intellectual property protection, generally improve legal certainty in economic exchanges, promote bilateral cooperation between Switzerland and China and contribute to sustainable development. The free trade agreement creates a competitive advantage for the Swiss economy compared to countries that have not concluded a free trade agreement with China, in particular the EU. With regard to the legal enforcement of intellectual property rights, the Free Trade Agreement provides that the measures taken by customs authorities to combat counterfeiting and piracy apply not only to the import of goods, but also to their export. The seizure of suspicious products (ex officio or at the request of the right holder) as well as the possibility of analysing samples and samples of products subject to reservation are provided. . . .

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