Back in 2017, the Federal Council decided on various measures to combat the “high-price island of Switzerland” and in 2019, Swiss Minister of Economic Affairs Guy Parmelin presented the plan to abolish customs duties. This step was intended to improve the economic framework conditions for companies, but consumers should also be able to benefit from it. In addition, Switzerland’s overall competitiveness is to be increased.
The industrial goods affected are all goods except agricultural goods, animal feed and foodstuffs. In terms of value, they account for around 95 per cent of all imports into Switzerland. The time has come from next year.
When importing industrial products into Switzerland – regardless of their country of origin country of origin – will no longer be subject to customs duties.