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In July 2023, the Swiss Franc reached its highest evaluation since 2015 compared to the USD and other major currencies. To keep inflation low in Switzerland in the post-COVID-19 period, the Swiss National Bank pursued a policy of keeping the Swiss currency hard due to the fact that many Swiss consumer goods are imported from Europe, the US and ...
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SR 632.10 – Customs Tariff Act, CTA 1986 1988 Regulates Customs Tariffs: 63 Finance -Customs Zolltarifgesetz, ZTG Loi sur le tarif des douanes, LTaD Legge sulla tariffa delle dogane, LTD SR 632.91 – Preferential Tariffs Act 1981 1982 Allows the granting of reduced tariffs for developing countries: 63 Finance -Customs Zollpräferenzengesetz
Modalities are the formulas, targets, or specific measures used to accomplish objectives in trade negotiations. An example of modalities in the current World Trade Organization agriculture negotiations would be a percentage phase-out over a specified time period of agricultural export subsidies or the use of the Swiss formula for tariff reduction and harmonization.
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A very low tariff country with a rate T old of 2.3% would move to a T new rate of about 2.1%. Mathematically, the Swiss formula has these characteristics: As T old tends to infinity, T new tends to A, the agreed maximum tariff; As T old tends to 0, T new tends to T old i.e. no change in tariffs as it is already low; When T old is equal to A ...
The Tarifverbund A-Welle was created on 12 December 2004, when the previous tariff associations for Olten and Aargau merged. Initially the tariff network applied only to season tickets and passes, but it was expanded on 13 December 2009 to include single tickets as well as day and multi-trip tickets.
The Libero-Tarifverbund is a Swiss tariff network covering the canton of Bern and the southwestern part of the canton of Solothurn. It was established in December 2004 from the merger of the Bäre-Abi and Frosch-Abo tariff networks. [1] The Zig-Zag network merged into Libero in 2014.