The limited progress made in the agricultural negotiations helped to satisfy, to a certain extent, the demand of the EU and other developed countries for the acceptance of a progressive reduction in tariffs, leading to the adoption of a ‘Swiss Formula’ for the elimination or reduction of tariffs.
The limited progress made in the agricultural negotiations helped to satisfy, to a certain extent, the demand of the EU and other developed countries for the acceptance of a progressive reduction in tariffs, leading to the adoption of a 'Swiss Formula' for the elimination or reduction of tariffs.