Regulation (EEC) No 2840/72 of the Council of 19 December 1972 concluding an Agreement between the European Economic Community and the Swiss Confederation and adopting provisions for its implementation and concluding an additional Agreement concerning the validity, for the Principality of Liechtenstein, of the Agreement between the European Economic Community and the Swiss Confederation of 22 July 1972
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Change 1
Article 4
1. The community as originally constituted shall retain until 31 December 1975 a minimum rate of customs duties on imports of the following products: Common Customs Tariff heading No Description Minimum rate retained 91.01 Pocket-watches, wrist-watches and other watches, including stop-watches 0·35 UA per article 91.07 Watch movements (including stop-watch movements), assembled: A. With balance-wheel and hairspring 0·28 UA per article 91.11 Other clock and watch parts: C. Watch movements, unassembled: I. With balance-wheel and hairspring 0·28 UA per article 2. The customs duties referred to in paragraph 1 shall be abolished in two equal stages on 1 January 1976 and 1 July 1977. Notwithstanding Article 5(3) of the Agreement, duties reduced in this way shall be applied, rounded to the second decimal place. 3. The provisions of the Agreement shall apply to products falling within Chapter 91 of the Brussels Nomenclature provided that Switzerland applies the provisions of the Additional Agreement to the 1967 Agreement concerning products of the clock and watch industry between the Swiss Confederation and the European Economic Community and its Member States, signed in Brussels on 20 July 1972. Any obligations laid down in the supplementary Agreement shall be considered obligations within the meaning of Article 22 of this Agreement. SECTION B TREATMENT APPLICABLE TO IMPORTS INTO SWITZERLAND OF CERTAIN PRODUCTS ORIGINATING IN THE COMMUNITY
Article 4
1. The community as originally constituted shall retain until 31 December 1975 a minimum rate of customs duties on imports of the following products: Common Customs Tariff heading No Description Minimum rate retained 91.01 Pocket-watches, wrist-watches and other watches, including stop-watches 0·35 UA per article 91.07 Watch movements (including stop-watch movements), assembled: A. With balance-wheel and hairspring 0·28 UA per article 91.11 Other clock and watch parts: C. Watch movements, unassembled: I. With balance-wheel and hairspring 0·28 UA per article 2. The customs duties referred to in paragraph 1 shall be abolished in two equal stages on 1 January 1976 and 1 July 1977. Notwithstanding Article 5(3) of the Agreement, duties reduced in this way shall be applied, rounded to the second decimal place. 3. The provisions of the Agreement shall apply to products falling within Chapter 91 of the Brussels Nomenclature provided that Switzerland applies the provisions of the Additional Agreement to the 1967 Agreement concerning products of the clock and watch industry between the Swiss Confederation and the European Economic Community and its Member States, signed in Brussels on 20 July 1972. Any obligations laid down in the supplementary Agreement shall be considered obligations within the meaning of Article 22 of this Agreement. SECTION B TREATMENT APPLICABLE TO IMPORTS INTO SWITZERLAND OF CERTAIN PRODUCTS ORIGINATING IN THE COMMUNITY
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