Author Description

The first and immediate benefits of the SSFTA are the practical opportunities resulting from exporters saving customs duties because of the substantial reductions in tariffs. The FTA created an annual savings potential for Swiss exporting firms worth several hundred million CHF (Ziltener, 2014), and savings of well over CHF 100 million were realised in 2017, on both the Chinese and Swiss sides. These significant amounts were expected to increase in the year 2018 and beyond.