Japanese-Swiss FTA takes effect
2 September 2009
(Kyodo News.) A free-trade agreement between Japan and Switzerland came into force Tuesday as the two countries aim to liberalize more than 99 percent of their trade in goods in 10 years.
The accord, Japan’s 10th of its kind, is expected to help boost Japanese exports of cars and home appliances while eliminating tariffs on imports of such goods as cheese and wine from the European country.
Japan and Switzerland will also cooperate in the fields of promoting electronic commerce and protecting intellectual property rights.