Swiss Legislators Change ‘Swiss Made’ Definition

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The Legal Affairs Committee of the National Council of Switzerland has changed the definition of what it means to be a Swiss made watch. Going forward, 60 percent of a timepiece must be manufactured in Switzerland to be considered Swiss made. However, brands can include research and development costs against that 60 percent threshold.

The Federation of the Swiss Watch Industry (FHS) has been leading the campaign to get passage in order to safeguard Swiss jobs.

In a statement applauding the move, the FHS said: "Rather than seeing more and more jobs relocated to China, Switzerland needs jobs in Switzerland."

As we've reported previously, many smaller watch manufacturers, such as Mondaine, have been vocal critics of the law saying it might force them to raise prices or even lead to bankruptcy.

Editor's note: At the time of this writing, it was unclear to us whether this is the final hurdle to changing the law. If you have further information, please let us know.

Categories: Federation of the Swiss Watch Industry, Other Swiss Watch Brands, Swiss Watch News.

Comments (3)

  1. DDavis

    Amazing anything gets done in Switzerland given how long it seems to take to get consensus on changing this law.

  2. Great stuff for swiss watches; thanks for sharing this news with us.

  3. Mr. Hayek wrote an article in the Impartial of La Chaux-de-Fonds where he suggested that even eighty percent of a watch should be made in Switzerland to deserve the be call of Swiss Made.
    However Swatch never responded to my letter with a picture of a clasp engraved Swiss Made and attached to the tag China. I must ask what kind of swiss part is considered to be Swiss Made in the 60% and or 80% proposed? Picture can be seen at: http://www.andre-fleury.com.

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