China’s Xi, Swiss president praise trade deal that boosts access
Summary
China and Switzerland have hailed an upgraded trade agreement that gives Switzerland unusually free access to Chinese markets. The deal comes as both sides push back against rising protectionism and trade barriers from the US and European Union.
Key Points
- Xi Jinping and Guy Parmelin praised an upgraded trade agreement between China and Switzerland on Friday.
- The accord is expected to give Switzerland unusually free access to Chinese markets.
- Parmelin said the deal responds to the needs of Swiss companies and stakeholders and hopes for a new strategic dialogue later this year.
- Xi said the agreement shows political courage and supports open cooperation amid global trade uncertainty.
