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Switzerland and China Finalize Expanded Free-Trade Deal

8/21/2026

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Story summary
  • Switzerland and China completed negotiations on an updated free trade agreement, expanding Swiss market access.
  • Swiss President Guy Parmelin and China's Commerce Minister Wang Wentao announced the deal in Bern.
  • The pact grants duty-free entry for 99.8% of Swiss exports to China, up from about half.
  • The agreement adds rules of origin, trade facilitation, services, digital trade and competition provisions.