The Federal Council will take the remaining measures contained in the 11th sanctions package regarding Switzerland.
Switzerland on Wednesday, August 16, decided to impose additional sanctions against Russia. This was announced by the country’s Federal Council.
This links Switzerland to the EU, which has taken these latest measures as part of its eleventh round of sanctions. The new measures will come into force at 18:00 on 16 August.
At the end of June, Switzerland partially implemented the EU sanctions package, blacklisting more than a hundred individuals and entities. On the evening of June 16, other events will take effect.
We are talking about the ban on the export of dual-use goods and goods that contribute to the military-technical strengthening of Russia, another 87 companies, in particular, companies from third countries which supplied such goods to the Russian Federation.
In addition, the list of goods subject to the ban on export to and transit through Russia will be expanded, as well as the sale in the Russian Federation of intellectual property rights and trade secrets with relation to sanctioned goods.
In the financial sector, Switzerland is extending the ban on the sale of securities denominated in the Swiss franc or the official currency of EU member states to Russian citizens and legal entities.
It will be recalled that on June 23, the European Council approved 11 packages of economic and individual restrictive measures aimed at tightening existing EU sanctions against the Russian Federation and stopping their evasion.
Source: korrespondent
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