Switzerland: Reduction of import duties

Published 2022년 3월 8일

Tridge summary

In response to the price increases in the international commodity markets due to Russia's military intervention in Ukraine, which has affected the global feed supply, the Federal Department of Economics, Education and Research (DEFR) of Switzerland has adjusted the customs protection for various feed grains. The customs duties for common wheat, rye, barley, triticale, corn, and cracked corn cobs will be reduced by 3 francs per 100 kg, and the customs protection for oats will be reduced by 1 franc per 100 kg and becomes nil. These adjusted customs duties will be effective from March 15, 2022.

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Original content

The military intervention of Russia in Ukraine leads to a sometimes massive increase in prices on various international commodity markets. The Federal Department of Economics, Education and Research (DEFR) has therefore adapted the customs protection for various feed grains. The reduction in import customs duties will come into effect on March 15, 2022 (photo Agri). The Confederation is reacting to the massive price increase due to the Russian military intervention in Ukraine by exceptionally reducing customs protection, announces a press release from the Federal Office for Agriculture (FOAG) published on Tuesday 8 March. Representing annual export volumes of 30 million tonnes of maize and 20 million tonnes of wheat, the goods currently blocked or destroyed in Ukraine have a significant impact on the global feed supply. This is why the FOAG reduces customs protection for use for fodder purposes by 3 francs per 100 kg for common wheat (customs tariff number 1001.9939), rye ...

Source: Agrihebdo