Switzerland could soon join the list of countries which open up their duty-free shops at airports to incoming passengers.
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The move would grant Swiss airports a competitive edge, create up to 80 new jobs and boost extra revenue by an estimated SFr60 million ($56.4 million) annually, according to the finance ministry.
“There is not likely to be a noticeable disadvantage for the retail trade as a result,” the statement added.
The cabinet on Friday decided to present a bill to be discussed in parliament.
There are presently 58 countries around the world, including five in Europe, which offer duty-free shopping for both arriving or departing air travellers.
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The end of systematic checks on people entering and leaving the country at border crossings could lead to increased police checks in border areas. But the Schengen agreement will have no effect on the transfer of goods as Switzerland is not part of the EU customs union.
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