NEWS FROM THE OMRI DAILY DIGEST

CEFTA members reduce and abolish duties

Minister from the four countries in the Central European Free Trade Agreement - the Slovak and Czech Republics, Poland and Hungary - agreed November 13 to reduce or abolish customs duties on a variety of agricultural products, Hospodarské noviny reported. Starting January 1, duties on items such as some live animals, tropical and dried fruit, coffee and tea. Duties on another 101 commodoties - examples being poultry, hops, sugar beets, margarine and vegetable oil - are to be reduced. Those on a group of so-called "sensitive items, which account for 55 percent of agricultural trade within the association, will be gradually reduced through bilateral agreements.

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