Switzerland Expands Sanctions on Russia
Moscow, Aug 19 - Swiss authorities have expanded sanctions against Russia by adopting a number of measures from the EU's 20th package of measures against Russia, according to a press release.
Consensus
- Switzerland adopted additional sanctions against Russia based on the EU's 20th sanctions package.
- The measures were announced by the Swiss Federal Council on August 19.
- The new sanctions entered into force on August 20.
- The restrictions apply to energy, financial, and trade sectors.
- Switzerland banned services related to LNG tankers, icebreakers, and LNG terminals in Russia.
- A ban was introduced on the direct sale of tankers to Russia.
- Contracts for selling tankers to third countries must now include a clause prohibiting resale to Russia.
- Switzerland prohibited the use of Russian platforms for cryptocurrency exchange and transfer.
- Support for the development of Russian cryptocurrencies, including the digital ruble, is banned.
- Export controls were introduced to prevent circumvention of sanctions, including restrictions on exports to Kyrgyzstan.
Points of divergence
- The updated sanctions list now includes approximately 2,790 individuals, companies, and organizations. — riamo
- The EU is preparing its largest sanctions package yet, with the list potentially increasing by a third. — vm
- The Swiss Federal Council approved additional measures to protect intellectual property rights and prevent enforcement of certain Russian court rulings in Switzerland. — fontanka
- The Swiss government extended restrictions to prohibit research institutions from receiving grants from Russian authorities. — fontanka
- Switzerland banned exports of sensitive goods to Kyrgyzstan for the first time. — kommersant
- The 20th EU sanctions package was adopted on April 23, and included 58 individuals and entities linked to Russia's military-industrial complex and over 60 enterprises from China and the UAE. — kommersant
- Switzerland joined the EU's 20th package in late May, expanding sanctions by adding 115 individuals linked to Russia's energy and military-industrial sectors. — kommersant
- Switzerland previously expanded its sanctions list by adding 45 organizations and 9 individuals. — vesti
Coverage (8 sources)
- Switzerland follows EU in expanding sanctions against Russia — РИАМО
- Switzerland expanded sanctions against Russian LNG and financial sector — Вечерняя Москва
- Swiss authorities announce additional sanctions against Russia. — Varlamov News
- Switzerland expands sanctions against Russia following the European Union — Фонтанка
- Switzerland partially joined the 20th package of EU sanctions against Russia — Коммерсантъ
- Switzerland joined a number of measures of the 20th package of anti-Russian sanctions — Вести
- Switzerland joined a series of measures from the 20th EU sanctions package against Russia — Интерфакс
- Switzerland expanded anti-Russian sanctions — Москва 24