Russia and Switzerland

Switzerland joins EU price cap for Russian oil

Switzerland joins EU price cap for Russian oil

The Swiss authorities have joined the price caps for Russian oil and petroleum products set by the European Union, the Federal Council, the Swiss government announced. "The Federal Council today aligned its sanctions regime on …

Swiss bank freezes almost $20bln in Russian assets

Swiss bank freezes almost $20bln in Russian assets

Swiss bank Credit Suisse blocked over $19 billion in Russian money, according to SonntagsZeitung newspaper. By doing so, Credit Suisse alone reportedly froze a third of all declared Russian assets in Switzerland. …

Switzerland joins EU’s 9th package of Russian sanctions

Switzerland joins EU’s 9th package of Russian sanctions

Switzerland has joined the EU's 9th package of sanctions against Russia, the Swiss Federal Council said. Following the European Union, Switzerland has imposed restrictions on exports to Russia of certain …

Switzerland expands Russia's sanctions lists

Switzerland expands Russia's sanctions lists

Switzerland, following the EU, introduced new sanctions against Russia, 141 individuals and 49 legal entities were blacklisted, the Swiss government said in a statement. "Switzerland, making changes to the sanctions lists on …

Switzerland joins new EU sanctions against Russia

Switzerland joins new EU sanctions against Russia

Switzerland joins new EU sanctions introduced against Russia in connection with the special military operation in Ukraine, the country’s Federal Council said on Friday. "The EU agreed on 3 December to apply new sanctions …

Switzerland suspends relaxed visa rules for Russians

Switzerland suspends relaxed visa rules for Russians

The Swiss government decided on Friday to fully suspend an agreement that eases visa rules for Russian citizens, it said in a statement. This brings Swiss visa rules for Russians in line with those in the European Union, the statement …

Switzerland joins seventh package of EU sanctions 

Switzerland joins seventh package of EU sanctions 

Switzerland joins the seventh package of EU sanctions against Russia, the country’s Federal Council said on Wednesday. "The new measures primarily concern a ban on buying, importing or transporting gold and gold products from …

Switzerland approves 6th package of anti-Russia sanctions

Switzerland approves 6th package of anti-Russia sanctions

Switzerland has approved the sixth package of sanctions against Russia over the Ukraine situation, including a Russian oil embargo, the Swiss government said in a press release published on its website. "On June 10, the Federal …

Switzerland lifts sanctions on Russian EuroChem

Switzerland lifts sanctions on Russian EuroChem

The Swiss authorities have lifted sanctions from one of the world's leading agrochemical companies Eurochem after Russian businessman Andrey Melnichenko left the holding's board of directors, the Swiss newspaper Tages-Anzeiger …

Switzerland introduces new sanctions against Russia

Switzerland introduces new sanctions against Russia

Switzerland has introduced new sanctions against Russia and Belarus, in particular, the ban on import of Russian coal and caviar, the government of Switzerland said on Wednesday. "The new measures include far-reaching sanctions on …

Russia shuts airspace to Switzerland

Russia shuts airspace to Switzerland

Russia has imposed restrictions on flights performed by airlines from Switzerland, the Russian Federal Agency for Air Transport said. "On February 28, 2022, in accordance with the rules of international law, as a response measure …

Putin to meet with Swiss President following talks with Biden

Putin to meet with Swiss President following talks with Biden

Russian President Vladimir Putin will hold a separate meeting with Swiss President Guy Parmelin following the summit with his American counterpart Joe Biden in Geneva on June 16, Kremlin aide Yuri Ushakov reported. "After …

Credit Suisse explains freezing of Russian assets

Credit Suisse explains freezing of Russian assets

One of Switzerland’s largest banks, Credit Suisse denied freezing Russian assets, explaining that it has reclassified assets of some Russian clients.  The bank said that it works with international regulators wherever it …