During the meeting of the Joint Committee, Switzerland argued that the planned EU measures should disrupt bilateral trade as little as possible and ensure the proper functioning of the free trade agreement between Switzerland and the EU.
The European Commission (EC) has indicated that it intends to review the situation regarding protective measures for ferroalloys during the first year of application. In November last year, the EC introduced tariff quotas for each country for each type of ferroalloys, as previously reported. SteelOrbis. With the exception of some developing countries and Ukraine, the guarantees apply to all exporting countries, including Switzerland, as well as members of the European Free Trade Association and the European Economic Area.
At an extraordinary meeting, Switzerland again called for Swiss steel products to be excluded from the scope of the new measures. The Swiss authorities stressed that Swiss steel production does not contribute to global overcapacity, but instead supports regional value chains that are important for certain industries.
