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Switzerland bans the import of gold from Russia

Switzerland’s new restrictions largely replicate the seventh EU sanctions package, adopted on July 21.

Switzerland introduced the seventh package of sanctions against the aggressor country Russia, banning the import of Russian gold. This was reported on the website of the Swiss Federal Council on Wednesday, August 13.

It is indicated that the “ban on the purchase, import or transportation of gold and gold products from Russia” will take effect tonight.

“Any services related to these products are also prohibited,” the statement said.

Switzerland has also imposed sanctions against Russian Sberbank, freezing its assets. He is forbidden to provide funds and provide any services.

At the same time, it was indicated that “none of the sanctions imposed against Russia are directed against trade in agricultural and food products between third countries and Russia.” The Swiss government added that, like the EU, they made two exceptions for operations related to such products and the transportation of oil to third countries.

It was also learned that the Federal Department for Economic Affairs, Education and Research (EAER) added 54 more people and nine organizations of the Russian Federation to the sanctions list.

Note that Switzerland’s new restrictions largely repeat the seventh package of sanctions in the EU, adopted on July 21. Later it became known that the list of sanctions in the EU was expanded by 55 positions.

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Source: korrespondent

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