Swiss companies are assessing how they could take advantage of a Free Trade Agreement (FTA) with Japan that comes into effect on September 1.
Instead of stopping the West and multinational drugmakers in their efforts to block India’s low-cost generic drugs exports, the government is helping their cause by aggressively pursuing free trade agreements (FTAs) with developed economies — agreements that could further hamper the world’s access to such drugs.
Citing “serious and systematic” human rights violations in Colombia, 33 non-governmental organizations led by Alliance Sud, the Berne Declaration and the Swiss Working Group on Colombia sent a letter 12 May to deputies urging them not to ratify the trade agreement between the European Free Trade Association (EFTA), of which Switzerland is a member, and Colombia.
The Swiss shook off right-wing fears over job losses on Sunday, voting resoundingly to prolong an EU free labour agreement and extending the policy to workers from bloc newcomers Bulgaria and Romania.
Switzerland is the first country whose investors will receive a “higher level” of protection in China, under the terms of a bilateral agreement signed during a working visit by Chinese Premier Wen Jiabao.
China and Switzerland decided on Tuesday to begin a joint feasibility study on creating a bilateral free trade zone in the second half of this year in preparation for formally launching negotiations on the issue.
The framework agreement will form the basis for the further development of bilateral economic relations and for the participation of Swiss firms in projects in Venezuela.
Japan has struck separate basic deals with Vietnam and Switzerland to conclude bilateral free trade agreements after more than one year of negotiations, government officials said Monday.
Japan and Switzerland continued last-minute negotiations Friday on a broad agreement to liberalize bilateral trade. They had planned to strike a deal Friday, but some differences apparently remain regarding how to liberalize imports of Swiss agricultural products to Japan.
The fear of having other countries steal a march on Washington by signing their own deals may bring Congress back to the bilateral trade negotiating table.
Switzerland has moved closer to sealing a free trade agreement with India following a business delegation visit led by Economics Minister Doris Leuthard.
The Swiss government on Friday said it will negotiate a free-trade agreement on agricultural products and food with the European Union in a bid to increase competition in the sector.
The influential umbrella group of the Swiss pharmaceutical and chemical industries has demanded that the government act to remove global trade barriers. It said such demands should be made when creating free trade agreements with selected countries, preferably Brazil, Russia, India and China, as well as the United States.
The biggest trade storm of late between the US and Switzerland has been the failure to establish a free trade agreement between the two countries. Negotiations broke down last year over agriculture.
India is likely to sign an agreement with Switzerland on intellectual property rights (IPRs) to improve the bilateral economic cooperation with Switzerland.
Swiss Economics Minister Doris Leuthard will not return home from her four-day visit to China totally empty-handed. Leuthard said she was satisfied with the results of the trip and the signing of a declaration aimed at establishing a free trade accord was the "highpoint".
Swiss Economic Affairs Minister Doris Leuthard and Chinese Commerce Minister Bo Xilai pledged in Beijing to study the feasibility of a free trade deal.
The latest in a series of local networking and consulting organisations, set up by Switzerland’s official export promotion agency, has been opened in Pretoria.
Switzerland is the first European country with which Japan negotiates an FTA.
"I will lead a large business delegation to China in June, and will try to give support so that China opens negotiations with Switzerland," Leuthard told the Neue Zuercher Zeitung am Sonntag newspaper in an interview.