Posted by: youngragingbull | May 24, 2013

China & Switzerland to sign free-trade agreement

Chinese Premier Li Keqiang met with Swiss officials Friday in Bern to ink a free trade pact with Switzerland, after three years of talks, marking China’s first comprehensive agreement with a Western country.

In an op-ed published by Swiss newspaper Neue Zuercher Zeitung Thursday, Li said the agreement showed China is committed to free trade.

The two nations’ trade volume last year topped $26 billion US.

Switzerland is the first European stop on Li’s inaugural trip abroad since taking office in March. He travels to Germany on Saturday for talks with Chancellor Angela Merkel.

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