The European Free Trade Association (EFTA), which includes Switzerland, signed a revised free trade agreement with Chile on Monday. Swiss Economics Minister Guy Parmelin also expressed caution about ongoing talks with the Latin American Mercosur trade bloc and "relative optimism" about trade deal negotiations with China. Check out our selection of newsletters. Subscribe here. The revised agreement with Chile was signed at a ministerial meeting of EFTA states (Switzerland, Liechtenstein, Iceland and Norway) in Geneva on Monday. Switzerland is the current chair. Parmelin told reporters that he was confident about the improvement of business opportunities, market access and the legal framework with Chile. Negotiations were concluded last January after five years. Compared to the first agreement 20 years ago, components on sustainable development, financial arrangements, small and medium sized enterprises (SMEs) and e-commerce have been added. + EFTA updates free trade agreement with ...
