FH and SECO Sign a MoU with their Chinese Counterparts

by swisscham in Bilateral Relations

During the visit to Switzerland by the Chinese Prime Minister Li Keqiang on 24 May 2013, the Federation of the Swiss Watch Industry (FH) and the State Secretariat for Economic Affairs (SECO) signed a memorandum of agreement with the China Horologe Association and the Chinese Minister for Industry and Information Technologies. The aim of this watchmaking memorandum is to create a quadripartite working group under the auspices of the Joint Bilateral Economic Commission established by the 1974 trade agreement. The signature of this memorandum also further paves the way for the free trade agreement between Switzerland and China, which will be signed in the coming months.

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