The objective of the Generalized System of Preferences is to promote economic development in developing countries through an increase in export revenues and diversification of exports.
The Swiss Generalized System of Preferences (GSP) is a trade promotion instrument that grants tariff preferences in the form of reduced tariffs or duty-free rates to goods originating from developing countries.
The Swiss GSP grants preferential treatment in the form of an exemption from customs duties for all industrial products and in the form of a full or a partial exemption from customs duties for certain agricultural and food products.
From 1 January 2024 Switzerland abolishes all customs duties on the products of HS chapters 25-97 (with the exception of some products related to agricultural sector under chapters 35 and 38).
The applicable rates of duty can be found at: www.tares.ch.
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