In Ruiming Start FTA Negotiations In Early

China – Switzerland FTA after the successful conclusion of the joint study, Rui Fangxuan cloth in Sweden will start in early 2011 a free trade agreement negotiations.

August 14, Swiss President and Minister of Economic Affairs of Switzerland Leuthard economic forum in Beijing after a small news conference said: “We probably start early next year in Switzerland free trade agreement, the agreement We further develop cooperation will provide a variety of conditions, covering a wide range of areas, and to promote our trade and investment to create the best foundation. “Leuthard said, through Switzerland in China into the future Ziyoumaoyi Agreement feasibility study found that both sides actually have a very strong economic complementarity.

Leuthard pointed out that Chinese companies are very popular in Switzerland, Swiss companies are also very popular in China, if a free trade agreement, while enterprises of both sides will get market access.

At the same time, “of course, also need to further open the Chinese market, but China is now higher than tariffs, but also the content of our active discussions.” Leuthard said the feasibility study stage, the two sides did not rule out any field .

“Judging from experience, after the signing of a free trade agreement, with an average increase of 25% of the volume of trade can, of course, involves concrete cooperation efforts, also involving the participation of entrepreneurs.” Leuthard said, “I can not give a specific timetable, because the solution to the problem depends on the degree may also be negotiated within two years, or even more than a year can be negotiated, but now hard to say. “

It is reported that on August 13, Chinese President Hu Jintao met Leuthard, the two sides announced that China – the Swiss FTA joint study concluded, agreed to start negotiations as soon as possible. In the two leaders witnessed the Ministry of Commerce and Vice Minister of international trade negotiator Gao Gu Boli signed with the Swiss ambassador to China, “The People’s Republic of China Ministry of Commerce and the Swiss Federal Department of Economic Affairs on the end of China – Switzerland Free Trade Agreement Joint Feasibility Research Memorandum of Understanding. “

Leuthard said that Switzerland, in 2007 granting full market economy status of China, which is between Sweden and discuss an important step in the development of free trade zone.

January 2009, Chinese Premier Wen Jiabao’s visit to Sweden during the time Renrui Shi Confederation Ximeierci start in Switzerland on the joint FTA feasibility study agreement. In the same year on November 30, Chinese Minister of Commerce Chen Deming and when Ren Ruishi economic ministers officially launched the Sino-Swiss Leuthard FTA joint research.

Currently, Switzerland is an important trade partner in Europe. First half of 2010, Sino-Swedish trade 127% achieved high growth, increase home trade growth between China and the first European countries. Swiss investment to China in 2009 amounted to 300 million U.S. dollars, up 25% contrarian.

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