SECO: Ordinance on measures against the Islamic Republic of Iran
January 17, 2025
The Swiss Federal Council has adopted an ordinance on measures against the Islamic Republic of Iran. The ordinance restricts the export of certain goods and services to Iran, and prohibits the provision of financial assistance or economic resources to the Iranian government.
The ordinance is in response to the Iranian government’s continued support for terrorism, its development of nuclear weapons, and its human rights violations.
The measures are designed to target the Iranian regime, not the Iranian people. The Swiss government has made clear that it remains committed to the Iranian people and to supporting a peaceful resolution to the conflict in the region.
The ordinance will enter into force on January 18, 2025.
Key provisions of the ordinance
The ordinance restricts the export of the following goods and services to Iran:
- Weapons and military equipment
- Dual-use items (items that can be used for both civilian and military purposes)
- High-tech goods and services
- Financial services
- Telecommunications services
The ordinance also prohibits the provision of financial assistance or economic resources to the Iranian government. This includes:
- Loans
- Grants
- Investments
- Trade credits
Exemptions
The ordinance includes a number of exemptions, including:
- Goods and services that are necessary for humanitarian purposes
- Goods and services that are essential for the safety of civil aviation
- Goods and services that are necessary for the maintenance of diplomatic and consular relations
Enforcement
The ordinance will be enforced by the Swiss Federal Customs Administration. Violators of the ordinance may be subject to fines or imprisonment.
Impact
The ordinance is expected to have a significant impact on the Iranian economy. The Iranian government has already condemned the ordinance, and has threatened to retaliate.
The ordinance is also likely to have a negative impact on Swiss businesses. Swiss companies that export to Iran may be forced to find new markets for their goods and services.
Conclusion
The Swiss ordinance on measures against the Islamic Republic of Iran is a strong response to the Iranian government’s continued support for terrorism, its development of nuclear weapons, and its human rights violations. The ordinance is designed to target the Iranian regime, not the Iranian people. The Swiss government has made clear that it remains committed to the Iranian people and to supporting a peaceful resolution to the conflict in the region.
SECO: Ordinance on measures against the Islamic Republic of Iran
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