• CHINA, SWITZERLAND SIGN FREE TRADE AGREEMENT

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    BEIJING: China and Switzerland on Saturday signed a free trade agreement (FTA)—Beijing’s first in continental Europe—in a deal that comes against a backdrop of trade tensions between the Asian giant and the European Union (EU). Chinese Commerce Minister Gao Hucheng and Swiss Economy Minister Johann Schneider-Ammann inked the accord in a ceremony at the Commerce Ministry in Beijing. China in April signed its first FTA with a European country—non-EU member Iceland—but Saturday’s deal marks the first with an economy in mainland Europe.

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