Switzerland: End of unilateral concessions granted to Egypt

Published 2021년 6월 11일

Tridge summary

The Federal Council has decided that tariff preferences for imported processed agricultural products from Egypt, including coffee, chocolate, and sweets, will no longer be applicable as of August 1. These imports will now be subject to customs duties similar to those for third countries. However, the tariff concessions agreed to under the EFTA-Egypt free trade agreement and the bilateral agricultural agreement between Switzerland and Egypt will remain in place. The unilateral tariff preferences granted to Egypt since 2007 will expire at the end of July, as Switzerland was unable to commence reciprocal negotiation with Cairo.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Imports of processed agricultural products from Egypt will no longer benefit from tariff preferences as of August 1. The Federal Council decided on Friday to let the concessions granted unilaterally to Egypt expire (photo pixabay). These imports, which include coffee, chocolate and sweets in particular, will be subject to customs duties applicable to third countries, specifies the government. The tariff concessions provided for by the EFTA-Egypt free trade agreement and by the bilateral agricultural agreement between Switzerland and Egypt remain unchanged. Since the entry into force of the free trade agreement concluded in 2007, the EFTA States grant unilateral tariff preferences to Egypt for processed agricultural products. However, it was not possible to start ...
Source: Agrihebdo

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