Economic news

China-Swiss trade talks stall over rights issues – newspapers

2022.05.29 14:25

China-Swiss trade talks stall over rights issues - newspapers
FILE PHOTO: Workers adjust a Swiss (L) and Chinese flag at the Ministry of Foreign Affairs in Beijing, January 15, 2016. REUTERS/Mark Schiefelbein/Pool

GENEVA (Reuters) – Efforts by Switzerland to refresh its free trade agreement with China have stalled as Bern takes a more critical view of Beijing’s human rights record, Swiss newspapers reported on Sunday.

Switzerland and China signed a free trade agreement in 2013, Beijing’s first such deal with an economy in continental Europe. The move was styled as a mutually beneficial pact aimed at contributing to increased trade between the two economies.

Switzerland has been trying to update the accord to extend tariff reductions to more Swiss products and to expand the agreement to include sustainability features. However, Beijing is not engaging, the newspapers said.

“So far it has not been possible to agree on a common list of topics that should be explored in greater depth,” Switzerland’s State Secretariat for Economic Affairs (SECO) said in a statement to newspaper SonntagsBlick.

NZZ am Sonntag, under the headline “The Chinese impasse”, said Switzerland had become more critical of China’s human rights record.

A Swiss parliamentary initiative recently passed by the National Council’s Legal Affairs Committee denounced forced labour of Uyghurs in northwest China as “a real problem”.

Western states and rights groups accuse Xinjiang authorities of detaining and torturing Uyghurs and other minorities in camps. Beijing denies the accusations and describes the camps as vocational training facilities to combat religious extremism.

Jean-Philippe Kohl, head of economic policy at industry association Swissmem, told the NZZ am Sonntag that Switzerland should pursue quiet diplomacy on China’s human rights record.

“If we, as a small economy, constantly point the finger of rebuke at China, nothing will change, except that relations will eventually break down,” he told the newspaper.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 63,122.91 1.31%
ethereum
Ethereum (ETH) $ 2,576.12 2.90%
tether
Tether (USDT) $ 1.00 0.07%
bnb
BNB (BNB) $ 587.51 3.77%
solana
Solana (SOL) $ 149.38 1.01%
usd-coin
USDC (USDC) $ 1.00 0.04%
xrp
XRP (XRP) $ 0.583781 0.88%
staked-ether
Lido Staked Ether (STETH) $ 2,573.71 2.94%
dogecoin
Dogecoin (DOGE) $ 0.109372 0.13%
the-open-network
Toncoin (TON) $ 5.63 1.16%
cardano
Cardano (ADA) $ 0.382701 0.10%
tron
TRON (TRX) $ 0.150638 0.70%
avalanche-2
Avalanche (AVAX) $ 27.35 0.78%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,038.87 2.61%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 62,950.87 1.22%
shiba-inu
Shiba Inu (SHIB) $ 0.000016 5.27%
chainlink
Chainlink (LINK) $ 12.29 4.47%
weth
WETH (WETH) $ 2,574.54 2.79%
bitcoin-cash
Bitcoin Cash (BCH) $ 344.26 0.64%
polkadot
Polkadot (DOT) $ 4.72 3.02%
near
NEAR Protocol (NEAR) $ 5.19 2.24%
dai
Dai (DAI) $ 0.999996 0.08%
leo-token
LEO Token (LEO) $ 5.74 3.35%
uniswap
Uniswap (UNI) $ 6.86 0.68%
litecoin
Litecoin (LTC) $ 67.28 1.14%
sui
Sui (SUI) $ 1.68 2.12%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.66 1.86%
internet-computer
Internet Computer (ICP) $ 9.20 0.82%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,694.31 2.97%
bittensor
Bittensor (TAO) $ 550.94 2.40%
aptos
Aptos (APT) $ 7.96 3.16%
kaspa
Kaspa (KAS) $ 0.160871 1.13%
pepe
Pepe (PEPE) $ 0.000008 1.64%
monero
Monero (XMR) $ 167.73 0.53%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.409548 0.94%
first-digital-usd
First Digital USD (FDUSD) $ 0.997556 0.46%
ethereum-classic
Ethereum Classic (ETC) $ 19.43 1.22%
blockstack
Stacks (STX) $ 1.92 1.48%
stellar
Stellar (XLM) $ 0.096012 0.09%
immutable-x
Immutable (IMX) $ 1.73 1.74%
ethena-usde
Ethena USDe (USDE) $ 0.999714 0.00%
aave
Aave (AAVE) $ 166.05 0.05%
render-token
Render (RENDER) $ 6.06 1.59%
okb
OKB (OKB) $ 39.53 1.39%
filecoin
Filecoin (FIL) $ 3.93 3.35%
crypto-com-chain
Cronos (CRO) $ 0.084861 0.05%
arbitrum
Arbitrum (ARB) $ 0.60474 0.64%
hedera-hashgraph
Hedera (HBAR) $ 0.058092 1.90%
injective-protocol
Injective (INJ) $ 22.29 0.93%
mantle
Mantle (MNT) $ 0.625404 0.81%