DECISION

No 1/2008

OF THE EC-SWITZERLAND JOINT COMMITTEE

of 22 February 2008

replacing Tables III and IV(b) of Protocol No 2

(2008/219/EC)

THE JOINT COMMITTEE,

Having regard to the Agreement between the European Economic Community, of the one part, and the Swiss Confederation, of the other part, signed in Brussels on 22 July 1972, hereinafter referred to as ‘the Agreement’, as amended by the Agreement between the European Community and the Swiss Confederation amending the Agreement as regards the provisions applicable to processed agricultural products signed in Luxembourg on 26 October 2004, and its Protocol No 2, and in particular Article 7 thereof,

Whereas:

(1) For the implementation of Protocol No 2 to the Agreement, internal reference prices are fixed for the Contracting Parties by the Joint Committee.

(2) Actual prices have changed on the domestic markets of the Contracting Parties as regards raw materials for which price compensation measures are applied.

(3) It is therefore necessary to update the reference prices and amounts listed in Tables III and IV(b) to Protocol No 2 accordingly.

(4) The current market situation has changed significantly compared to previous years with a new development being the introduction of price compensatory measures on the European border, given that domestic prices of certain basic products in Switzerland have proved to be lower than the domestic prices for those products.

(5) As the volatility of the market is expected to continue, the partners will exchange information on a bimonthly basis and if substantial differences are signaled a modification of this decision could follow,

HAS ADOPTED THIS DECISION:

Article 1

Table III and IV(b) of Protocol No 2 are replaced by the tables in Annex I and Annex II to this Decision.

Article 2

This Decision shall apply as of 1 February 2008.

Done at Brussels, 22 February 2008.

For the Joint Committee

The Chairman

Jacques

DE WATTEVILLE

ANNEX I

‘TABLE III

EC and Swiss domestic reference prices

Agricultural raw material	Swiss domestic reference price (CHF/100 kg net)	EC domestic reference price (CHF/100 kg net)	Article 4(1) Applied on Swiss side Difference Swiss/EC reference price (CHF/100 kg net)	Article 3(3) Applied on EU side Difference Swiss EC reference price (EUR/100 kg net)
Common wheat	59,71	44,14	15,55	0,00
Durum wheat	71,05	68,55	2,50	0,00
Rye	59,15	40,61	18,54	0,00
Barley	52,65	52,65	0,00	0,00
Maize	37,94	37,94	0,00	0,00
Common wheat flour	104,00	68,55	35,45	0,00
Whole-milk powder	582,00	651,20	0,00	35,32
Skimmed-milk powder	447,10	610,44	0,00	83,20
Butter	922,00	690,12	231,90	0,00
White sugar	—	—	—	—
Eggs(1)	255,00	205,50	49,50	0,00
Fresh potatoes	42,00	23,80	18,20	0,00
Vegetable fat(2)	390,00	160,00	230,00	0,00

(1) Derived from the prices for liquid birds’ eggs, not in shell multiplied with factor 0,85.

(2) Prices for vegetable fats (for the baking and food industry) with 100 % fat content.’

ANNEX II

‘TABLE IV

(b) The basic amounts for agricultural raw materials taken into account for the calculation of the agricultural components:

Agricultural raw material	Applied on the Swiss side Article 3(2) Applied basic amount CHF/100 kg net	Applied on the EC side Article 4(2) Applied basic amount EUR/100 kg net
Common wheat	13,20	0,00
Durum wheat	2,00	0,00
Rye	15,60	0,00
Barley	0,00	0,00
Maize	0,00	0,00
Common wheat flour	30,00	0,00
Whole-milk powder	0,00	41,42(1)
Skimmed-milk powder	0,00	97,78(1)
Butter	197,00	0,00
White sugar	0,00	0,00
Eggs	34,00	0,00
Fresh potatoes	15,00	0,00
Vegetable fat	196,00	0,00

(1) The export support in the form of price compensation is subject to Article 11 of the WTO Agreement.’