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Switzerland introduced new sanctions against Russia

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The Swiss government has joined several measures against the Russian Federation provided by the 12th package of EU sanctions.

The Swiss Federal Council on Wednesday, January 31, approved joining almost all restrictive measures of the 12th EU sanctions package against Russia, which began in December of last year. This was reported by the press service of the Swiss government.

Thus, Switzerland joined the ban on the import of Russian diamonds, cast iron and liquefied petroleum gas (LPG), and also banned the export of a number of dual-use goods to the Russian Federation, in particular , chemicals, lithium batteries, drones. , machine tools and parts therefor.

Russians will also be banned from controlling cryptocurrency companies in Switzerland, and control over compliance with price ceilings for Russian oil will be strengthened.

Switzerland also joined the ban on providing software for business management, industrial design and production to Russian companies.

At the same time, the country decided not to join the requirement to report the transfer of funds outside the EU from companies based in the European Union and controlled by Russians or individuals or legal entities from Russia.

Let’s recall that in December Switzerland joined the 12th package of EU sanctions regarding the expansion of the list of people sanctioned by Russia.

As you know, the European Union approved the 12th package of sanctions against the Russian Federation on December 18, 2023. It provides for several additional measures, including a gradual ban on the import of diamonds from Russia or from the Russian Federation.

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Source: korrespondent

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