An approved exporter may, in all agreements, submit invoice declarations in all agreements, regardless of the value of the lot. These should not be signed by hand. The exporter must obtain the authorization of the relevant district customs office; this authorization is granted on the condition that the applicant guarantees that he is complying with the country of origin provisions and that he has submitted correct country of origin declarations in the past. For more information: SCA – Licensed exporters. The EU is now China`s largest trading partner and would certainly be more ambitious than Switzerland in its relations with China. However, one of the key lessons of the U.S.-China trade war and the ceasefire agreed in the recent Phase 1 agreement is that China has sufficient capacity to withstand external pressure if the other side`s demands do not match the measures it wants to take in both directions. The agreement between China and Switzerland is much broader than the Phase 1 agreement, and it is reciprocal, but it confirms this pattern. Nevertheless, in all negotiations with China, from agriculture to steel and many types of labour-intensive products (such as clothing), the EU will naturally have its own defensive concerns and red lines. On the basis of this CSFTA review, we conclude that negotiations for a free trade agreement between China and the EU would be laborious to say the least. Although the potential welfare benefits of developing trade relations between these two gigantic economies are far greater than those of an existing EU trade agreement, much will need to change before the terms of a China-EU agreement become truly favourable. For more information, see: EU trade agreements with Switzerland In this article, we examine the evolution of trade between China and Switzerland since the CSFTA came into force.
We will then look at the concessions made by the parties in the areas of tariffs, services and intellectual property and try to extrapolate what would involve similar concessions for the EU. Although Switzerland and the EU are different economies in size, they have negotiating interests similar to those of professional services, intellectual property protection and advanced machinery, as well as defensive interests such as agriculture. In addition to trade in goods, the new agreements often address other aspects, including the protection of intellectual property rights, trade in services, investment, public procurement and technical regulations. These are so-called „second generation agreements.“ China`s concessions under the CSFTA in the area of financial services and insurance services – another important interest of Switzerland and the EU – are weak. In the area of insurance, there are no additional concessions to China`s accession protocol, although there is greater specificity in the provision of activities authorized by the Chinese branches of Swiss companies.