Switzerland: Customs duties adapted for certain processed agricultural products

Published 2021년 2월 16일

Tridge summary

The Swiss-EU joint committee has adjusted tariffs for imported processed agricultural products, including cookies, pasta, and ice cream, effective from March 1. This is to compensate for the higher prices of agricultural raw materials and maintain the competitiveness of the food industry. The tariffs have been slightly reduced for skimmed milk powder and increased for whole milk powder, cereals, and certain butter-based products. The Federal Council has also decided to update the customs duties for trade in processed agricultural products with non-EU countries from March 1.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The joint committee of the free trade agreement between Switzerland and the EU has adapted tariffs for certain imported processed agricultural products, such as cookies, pasta or ice cream. The new tariffs come into force on March 1, indicates the State Secretariat for the Economy in a press release relayed by the ATS agency on February 16, 2021 (photo illustration Agri). The free trade agreement allows Switzerland to offset the higher prices of agricultural raw materials with import tariffs on processed agricultural products. This instrument aims to preserve the competitiveness of the food industry. The new applicable tariffs are slightly lower for skimmed milk powder, while they are slightly higher for whole milk powder as well as cereals (soft wheat, rye and soft wheat flour), the Tuesday said. State Secretariat for the Economy. As a result of price developments on the butter market, customs duties on butter-based products are increased. With regard to durum wheat, egg products ...

Source: Agrihebdo