Comment by comrade1234
1 month ago
Switzerland has a free trade deal with India already and has a huge trade surplus (~25B). Free trade with china too and also a big trade surplus of around $20B.
1 month ago
Switzerland has a free trade deal with India already and has a huge trade surplus (~25B). Free trade with china too and also a big trade surplus of around $20B.
I might be wrong, but isn't it due to them being a finance hub and/or Veblen goods?
These are a bit of a legacy thing that countries can't just develop.
CH to india key sectors include pharmaceutical products, electrical/electronic equipment, and organic chemicals.
India to CH, gold, jewelry, equipment, textiles.