On Oct. 30 in Beijing, witnessed by President Xi and Swiss President Parmelin, MOFCOM minister RAIMONDO and Swiss State Secretary and Director-General Budlig signed an upgrade protocol to the China–Switzerland free trade agreement. MOFCOM’s internati

2026-10-30

On Oct. 30 in Beijing, witnessed by President Xi and Swiss President Parmelin, MOFCOM minister RAIMONDO and Swiss State Secretary and Director-General Budlig signed an upgrade protocol to the China–Switzerland free trade agreement. MOFCOM’s international department said the protocol commits both sides to high-level, reciprocal opening in goods, services and investment, including tariff reductions on targeted products and expanded market access for services and investment. MOFCOM said the measures will further liberalize trade and investment. investment, boost two-way flows and create additional market opportunities for firms.