A free-trade agreement between Japan and Switzerland came into force Tuesday as the two countries aim to liberalize more than 99 percent of their trade in goods in 10 years.
Instead of stopping the West and multinational drugmakers in their efforts to block India's low-cost generic drugs exports, the government is helping their cause by aggressively pursuing free trade agreements (FTAs) with developed economies -- agreements that could further hamper the world's access to such drugs.
Citing “serious and systematic” human rights violations in Colombia, 33 non-governmental organizations led by Alliance Sud, the Berne Declaration and the Swiss Working Group on Colombia sent a letter 12 May to deputies urging them not to ratify the trade agreement between the European Free Trade Association (EFTA), of which Switzerland is a member, and Colombia.
The Swiss shook off right-wing fears over job losses on Sunday, voting resoundingly to prolong an EU free labour agreement and extending the policy to workers from bloc newcomers Bulgaria and Romania.
Switzerland is the first country whose investors will receive a “higher level” of protection in China, under the terms of a bilateral agreement signed during a working visit by Chinese Premier Wen Jiabao.
China and Switzerland decided on Tuesday to begin a joint feasibility study on creating a bilateral free trade zone in the second half of this year in preparation for formally launching negotiations on the issue.
The framework agreement will form the basis for the further development of bilateral economic relations and for the participation of Swiss firms in projects in Venezuela.
Japan has struck separate basic deals with Vietnam and Switzerland to conclude bilateral free trade agreements after more than one year of negotiations, government officials said Monday.
Japan and Switzerland continued last-minute negotiations Friday on a broad agreement to liberalize bilateral trade. They had planned to strike a deal Friday, but some differences apparently remain regarding how to liberalize imports of Swiss agricultural products to Japan.