May 30, 2022: Switzerland wants to refresh its free trade agreement with China by seeking to include human rights elements, but the latter is not cooperating, reported Reuters May 29, citing Swiss newspapers.
The two countries signed a free trade agreement in 2013, China’s first such deal with an economy in continental Europe. The move was at that time cited as a mutually beneficial pact aimed at contributing to increased trade between the two economies.
But in recent years, Switzerland has been trying to update the accord by seeking to extend tariff reductions to more Swiss products and to expand the agreement to include sustainability features. However, Beijing was refusing to cooperate, the newspapers were cited as saying May 29.
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