China- Switzerland Free Trade Agreement

Country / jurisdiction: Switzerland · Year: 2014 · Status: In force · Level: International · Type: Voluntary

The Free Trade Agreement between China and Switzerland entered into force in July 2014.

It provides for preferential tariff rates and/or full tariff elimination for most industrial products across HS sectors 25 through 97 including most energy products and its constituents including but not limited to:

Electric motors, turbines and generators;

Mechanical equipment including pumps, appliances, and other advanced machinery;

Electric accumulators, transformers, capacitors, batteries;

Motor vehicles;

Mineral ore, slag and ash;

Mineral fuels, oils and other products;

Metals and their articles e.g. iron and steel;

Semiconductors devices and photovoltaic cells;

Rule of origins apply to qualify for the preferential tariff treatment. Conditions to confer originating status notably include:

For ores, slag and ash, it requires to be wholly obtained in a party

For mineral fuels and oils, metals (including iron and steel) and selected machinery, it requires i. most non-originating materials used in the production of the product to undergo a change in tariff classification or ii. value of non-originating materials to not exceed 60% of the ex works price of the product

For most of the remaining products listed above, it requires value of non-originating materials to not exceed 50-60% of the ex works price of the product

Official source: https://www.seco.admin.ch/seco/en/home/Aussenwirtschaftspolitik_Wirtschaftliche_Zusammenarbeit/Wirtschaftsbeziehungen/Freihandelsabkommen/partner_fha/partner_weltweit/china.html