- Switzerland to abolish import duties on almost all industrial goods from 1 January 2024
- Two key changes: abolition of industrial tariffs and simplification of Swiss tariff structure
- Cars, clothing, footwear, chemicals, and plastics will no longer be subject to customs duties
- Reduction in the need for customs compliance
- Swiss tariff structure to be reduced from 9,114 to 7,511 tariff numbers
- Aim to lower costs of goods and services in Switzerland and minimize trade barriers
Source: rpc.co.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.