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Date: 23-Jan-2024 Category: Not Applicable State: Union Government Country: Europe

Decision No 1/2024 of the EU–Switzerland Joint Committee of 12 January 2024 amending Tables III and IV of Protocol 2 to the Agreement between the European Economic Community and the Swiss Confederation of 22 July 1972, as amended [2024/361]

Issued by EU–Switzerland Joint Committee · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • Decision No 1/2024 of the EU–Switzerland Joint Committee amends Tables III and IV of Protocol 2 to the Agreement between the European Economic Community and the Swiss Confederation of 22 July 1972. The amendment updates domestic reference prices and price differences for agricultural raw materials, as well as basic amounts for these materials.

Key Changes

  • Table III of Protocol 2, concerning EU and Swiss domestic reference prices, is replaced with updated values for agricultural raw materials such as common wheat, durum wheat, rye, common wheat flour, whole-milk powder, skimmed-milk powder, butter, eggs, fresh potatoes, and vegetable fat. The table includes Swiss domestic reference prices in CHF per 100 kg net, EU domestic reference prices in EUR per 100 kg net, and the difference between them.
  • Point (b) of Table IV in Protocol 2, concerning basic amounts for agricultural raw materials, is replaced. This updates the applied basic amounts on the Swiss side (CHF per 100 kg net) and the EU side (EUR per 100 kg net) for calculating agricultural components. Materials include common wheat (22.10 CHF), durum wheat (1.00 CHF), rye (14.80 CHF), common wheat flour (34.10 CHF), whole-milk powder (266.80 CHF), skimmed-milk powder (179.40 CHF), butter (529.70 CHF), eggs (30.95 CHF), fresh potatoes (14.15 CHF), and vegetable fat (138.55 CHF). All EU side amounts are 0.00 EUR.
  • The decision is based on the domestic reference prices provided for the 12-month reference period from September 2022 to August 2023.

Impact Analysis

Stakeholders Impacted

  • Government agencies responsible for implementing and monitoring trade agreements between the EU and Switzerland will need to update their systems and procedures.

Suggested Action Items

  • Communicate these changes to relevant internal teams (e.g., procurement, sales, finance) to ensure alignment and preparedness.

Key Entities Referenced

EU–Switzerland Joint Committee: The body responsible for amending the Agreement between the European Economic Community and the Swiss Confederation. European Economic Community: A former regional organization aimed at integrating the economies of its member states; a predecessor to the European Union. Swiss Confederation: Switzerland, a country in Europe that has a trade agreement with the European Union. Agreement between the European Economic Community and the Swiss Confederation of 22 July 1972: The original trade agreement between the EEC and Switzerland, which is being amended by this decision. Protocol 2 to the Agreement: A specific protocol within the Agreement that addresses price compensation measures for processed agricultural products.
Official Source Record View Original Source →
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Official Journal EN of the European Union L series 2024/361 23.1.2024 DECISION No 1/2024 OF THE EU–SWITZERLAND JOINT COMMITTEE of 12 January 2024 amending Tables III and IV of Protocol 2 to the Agreement between the European Economic Community and the Swiss Confederation of 22 July 1972, as amended [2024/361] THE JOINT COMMITTEE, Having regard to the Agreement between the European Economic Community and the Swiss Confederation of 22 July 1972(1), as amended by the Agreement between the European Community and the Swiss Confederation of 26 October 2004 amending the Agreement between the European Economic Community and the Swiss Confederation of 22 July 1972as regards the provisions applicable to processed agricultural products(2)(‘Agreement’), and in particular Article 7 of its Protocol 2, Whereas: (1) In accordance with Article 5(2) of Protocol 2 to the Agreement, the Union and the Swiss Confederation, as Contracting Parties, provided to the Joint Committee the domestic reference prices, for the 12-month reference period from September 2022 to August 2023, of all raw materials for which price compensation measures are applied. It follows from those prices that the actual price situation regarding those raw materials in the territory of the Contracting Parties has changed. (2) It is therefore necessary to update the domestic reference prices and the price differences for agricultural raw materials listed in Table III of Protocol 2 to the Agreement, as well as to adapt the basic amounts of the agricultural raw materials listed in Table IV of that Protocol. HAS ADOPTED THIS DECISION: Article 1 Protocol 2 to the Agreement is amended as follows: (a) Table III is replaced by the text set out in Annex I to this Decision; (b) in Table IV, point (b) is replaced by the text set out in Annex II to this Decision. Article 2 This Decision shall be published in the Official Journal of the European Union. Article 3 This Decision shall enter into force on 1 February 2024. Done at Brussels, 12 January 2024. For the Joint Committee The Chairman p.p. Rita ADAM Head of Mission (1) OJ L 300, 31.12.1972, p. 189. (2) OJ L 23, 26.1.2005, p. 19. ELI: http://data.europa.eu/eli/dec/2024/361/oj 1/3EN OJ L, 23.1.2024 ANNEX I ‘TABLE III EU and Swiss domestic reference prices Article 4(1) Applied on Swiss Article 3(3) Swiss domestic EU domestic side Difference Applied on EU side reference price reference price Agricultural raw material Swiss/EU Difference Swiss/EU CHF per 100 kg CHF per 100 kg reference price reference price net net CHF per 100 kg EUR per 100 kg net net Common wheat 59,28 28,78 30,50 0,00 Durum wheat - - 1,20 0,00 Rye 47,70 27,53 20,15 0,00 Barley - - - - Maize - - - - Common wheat flour 101,28 53,18 48,10 0,00 Whole-milk powder 713,26 385,92 327,35 0,00 Skimmed-milk powder 491,82 271,66 220,15 0,00 Butter 1 241,84 540,51 701,35 0,00 White sugar - - - - Eggs - - 38,00 0,00 Fresh potatoes 40,72 21,25 19,45 0,00 Vegetable fat - - 170,00 0,00’ 2/3 ELI: http://data.europa.eu/eli/dec/2024/361/ojEN OJ L, 23.1.2024 ANNEX II ‘(b) Basic amounts for agricultural raw materials taken into account for the calculation of the agricultural components: Applied basic amount on the Swiss side Art Applied basic amount on the EU side Art 3(2) 4(2) Agricultural raw material CHF per 100 kg net EUR per 100 kg net Common wheat 22,10 0,00 Durum wheat 1,00 0,00 Rye 14,80 0,00 Barley - - Maize - - Common wheat flour 34,10 0,00 Whole-milk powder 266,80 0,00 Skimmed-milk powder 179,40 0,00 Butter 529,70 0,00 White sugar - - Eggs 30,95 0,00 Fresh potatoes 14,15 0,00 Vegetable fat 138,55 0,00’ ELI: http://data.europa.eu/eli/dec/2024/361/oj 3/3

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