{"id":95607,"date":"2021-04-21T13:14:34","date_gmt":"2021-04-21T13:14:34","guid":{"rendered":"https:\/\/swissfederalism.ch\/impegno-continuo-del-consiglio-federale-sulle-materie-prime\/"},"modified":"2022-02-15T09:43:03","modified_gmt":"2022-02-15T09:43:03","slug":"ongoing-federal-council-commitment-on-commodities","status":"publish","type":"post","link":"https:\/\/swissfederalism.ch\/en\/ongoing-federal-council-commitment-on-commodities\/","title":{"rendered":"Ongoing Federal Council Commitment on Commodities"},"content":{"rendered":"

Ongoing Federal Council Commitment on Commodities<\/h1>\n

Took stock of progress in terms of competitiveness, innovation, integrity and sustainability of practices in use daughters of 16 2018 recommendations<\/em><\/h3>\n

The Federal Council has adopted the first report regarding the implementation of the recommendations contained in the 2018 official document on the commodities sector in Switzerland.
\nThe report shows that important progress has been made to improve the framework conditions for the commodities sector while strengthening its integrity.
\nOn November 30, 2018, the Federal Council had made 16 recommendations in the document “The Commodities Sector in Switzerland: Assessment of the Situation and Prospects.”<\/p>\n

\"Materie
Raw materials in Switzerland – distribution of employees in 2018<\/figcaption><\/figure>\n

A dialogue with stakeholders (cantons, businesses and NGOs)<\/h4>\n

The new report shows that fundamental progress has been made in terms of competitiveness, innovative strength, integrity, sustainability of practices in the sector and dialogue with stakeholders (cantons, companies and NGOs).
\nThe commodities sector, particularly trade, continues to be one of the most important economic sectors for Switzerland.<\/p>\n

A group of experts will improve the Swiss fiscal centre<\/strong><\/a>
\nTaxation, sixteen fields of action for the Switzerland of the future<\/strong><\/a>
\nYes to consultation on Swiss tonnage tax<\/strong><\/a><\/p>\n

New statistics published in March 2021 by the Federal Statistical Office (FSO) show that there are around 900 companies active in the commodities trading sector in Switzerland, employing around 10,000 employees nationwide.
\nThese players are flanked by an important cluster of companies from various industries that engage in related activities in financing, certification and transportation.<\/p>\n

\"Materie
Raw materials in Switzerland – distribution of employees and companies in 2018<\/figcaption><\/figure>\n

Switzerland as an effective and responsible partner<\/h4>\n

According to the Federal Council, the major themes that characterize the ongoing work, namely strengthening Switzerland’s position as a competitive and ecologically and socially responsible business location as well as the commitment to better governance of the sector at the international level, remain relevant.
\nSince the publication of the report in November 2018, Switzerland has focused on implementing its recommendations to address concrete challenges, particularly in the areas of gold, trade financing, transparency, and research support.<\/p>\n

900 commodity traders in Switzerland<\/strong><\/a>
\nHow much does Switzerland consume? 87 million tonnes per year<\/strong><\/a>
\nSwitzerland will reduce the environmental impact of its food supply<\/strong><\/a><\/p>\n

The combined work of several offices of the Federal Administration has ensured a good flow of information with external partners.
\nThis coordinated approach strengthens Switzerland’s position in contributing to the development of multilateral standards applicable to the commodities sector.
\nSwitzerland will continue to be committed to a level playing field worldwide and to promote responsible practices by maintaining a lively dialogue with all parties involved.
\nTo this end, the interdepartmental platform on commodities will be maintained and will continue its ongoing work.<\/p>\n