“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 before officials and reporters. Afterwards, they clinked glasses of champagne in celebration of the agreement, which aims to increase the $26.3 billion in bilateral trade they recorded in 2012.”
http://www.thelocal.ch/20130706/china-switzerland-sign-free-trade-agreement
