Tuesday, 23 January 2018 03:54 GMT

Swiss Parliament Approves Free Trade Agreement with China

(MENAFN - Qatar News Agency) The Swiss parliament has passed the free trade agreement between Switzerland and China.

The Senate approved the agreement 25 to three, with 11 abstentions. In December 2013, the House of Representatives passed it with a majority of more than two thirds.

China is Switzerland's third largest trading partner. In 2012, Swiss exports to China were valued at CHF8 billion ($9 billion), and imports from there amounted to CHF10 billion

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