In summary, this so-called “bilateral” approach works well for both parties and makes it possible to streamline trade relations. Problems can arise in such relationships. Switzerland and the EU are currently working on issues relating to cross-border services and wage protection (the so-called eight-day rule). In this article, we examine the evolution of trade between China and Switzerland since the entry into force of the CSFTA. We will then look at the concessions made by the parties on tariffs, services and intellectual property and try to extrapolate what would mean similar concessions for the EU. Even though Switzerland and the EU are economies different in size, they have offensive negotiating interests similar to those of professional services, intellectual property protection and advanced machinery, as well as defensive interests such as agriculture. Switzerland and Iceland are the only two high-income economies outside China`s neighbourhood to currently have a comprehensive trade agreement with China. Although modest, the CSFTA has been hailed as a milestone, with Swiss supporters calling it the most important deal since the 1972 free trade agreement with the EU. Competent export managers or export managers should at least be familiar with the basic principles of the application of free trade agreements and the applicable rules. For more information on country of origin rules and products of origin, please see country of origin. In 2004, a number of other sectoral agreements (known as “bilateral II”) were signed, including Switzerland`s participation in Schengen and Dublin, as well as agreements on the taxation of savings, processed agricultural products, statistics, the fight against fraud, participation in the EU media programme and the Environment Agency.
Cooperation between the EU and Switzerland is based on 120 tailor-made agreements, 25 of which can be considered the main bilateral agreements between Switzerland and the EU. Switzerland concludes most of its free trade agreements within the framework of the European Free Trade Association (EFTA). Outside the framework of EFTA, there are free trade agreements with the EU, China and Japan in Switzerland. At the same time, Switzerland is not in a customs union with the EU, which means that it does not have to respect the same customs duties vis-à-vis third countries. For this reason, Switzerland has been able to conclude a whole series of free trade agreements with third parties such as China and Indonesia; There is one that is being negotiated with India. The free trade agreement eliminated tariffs on industrial products, reduced them for processed agricultural products and eliminated quotas for these products. The free trade agreement accounts for 98 percent of Swiss exports to the EU, Willi swissinfo.ch said. This justified the EU`s firm intention to update the bilateral approach through an ambitious institutional framework agreement.
This agreement has not yet been concluded, as it raises some sensitive issues with regard to the level playing field and its monitoring. It may sound familiar to British ears. To say that access to the EU market is guaranteed by the 1972 Free Trade Agreement and the WTO agreements is therefore misleading. These figures speak for themselves: customs facilities work very well, as their legal basis is the customs agreement with the EU and many bilateral technical agreements with the EU`s four neighbouring Member States, which facilitate border control of goods. . . .