BUSINESS BRIEFS

Firms can propose duty suspensions

SLOVAK producers can submit proposals to the Economy Ministry for the temporary suspension of customs duties or for opening customs quotas to import production inputs from non EU-members within the EU's single trade policy.

The ministry announced that the deadline for Slovak companies wishing to make such proposals is September 5; proposals must be made in both Slovak and English.

The Slovak proposals will make it onto the working group's table for the economic issues of customs tariffs, which is part of the European Commission's General Directorate for Taxes and Customs.

If approved by all EU members and European Commission representatives, new customs quotas and suspensions, including those from Slovakia, will take force as of July 1, 2007, the SITA newswire wrote.

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