Ordinance Imposing Measures Connected with the Situation in Ukraine
Published: 2025-01-16 00:00
Source: Swiss Confederation
Summary:
The Swiss Federal Council has imposed sanctions on Russia and Belarus in response to the ongoing conflict in Ukraine. The sanctions include asset freezes, travel bans, and restrictions on trade.
Sanctions:
- Asset freezes: The assets of designated individuals and entities in Russia and Belarus have been frozen. This includes all assets held in Switzerland, as well as any assets held by Swiss citizens or residents in those countries.
- Travel bans: Designated individuals are banned from entering or transiting Switzerland. This includes all travel for business, pleasure, or any other purpose.
- Trade restrictions: Switzerland has imposed trade restrictions on Russia and Belarus. This includes restrictions on the export of certain goods, such as weapons, ammunition, and sensitive technology. It also includes restrictions on the import of certain goods, such as oil, gas, and coal.
Rationale:
The Swiss Federal Council has imposed these sanctions in response to the ongoing conflict in Ukraine. The Council has stated that the sanctions are intended to “send a clear message that Switzerland will not tolerate the violation of international law.”
Impact:
The sanctions are expected to have a significant impact on the Russian and Belarusian economies. They are also expected to have a negative impact on Swiss businesses that trade with Russia and Belarus.
Reaction:
The Russian government has condemned the sanctions as “illegal and unjustified.” The Belarusian government has also condemned the sanctions, calling them “a violation of international law.”
Additional Information:
The sanctions are part of a wider international effort to pressure Russia to end its aggression in Ukraine. The United States, the European Union, and other countries have also imposed sanctions on Russia and Belarus.
The Swiss Federal Council has stated that the sanctions will remain in place until the conflict in Ukraine is resolved.
Sanctions: Ordinance imposing Measures connected with the Situation in Ukraine
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