Switzerland suspended the negotiations to found the free-trade zone with CU
Switzerland suspended the negotiations to found the free-trade zone with the Customs Union, declared the Minister of Economic Affairs of Switzerland, Johann Schneider-Ammann on March 19, 2014.
The Minister stated Switzerland decided to freeze the negotiations and informed Russia about that. J.Schneider-Ammann added the stated decision is based on the situation in the Crimea.
Related to possible sanctions against Russia, J.Schneider-Ammann declared the Federal council of Switzerland plans to discuss the question in a few weeks.
Remind, that in the middle of December, 2013 The Ministry of Foreign Affairs of the Russian Federation stated the representatives of the Customs Union provide the negotiations to found the free-trade zone with New Zealand and European countries which are not the participants of the EU (Swizerland including).
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