Switzerland

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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 …

Holcim divests business in Russia

Holcim divests business in Russia

Holcim said on Wednesday it would exit Russia, adding that the business there would then operate independently under a different brand. Holcim sold its Russian unit to the local management team, it added. The sale will have no …

Switzerland joins EU sanctions against Iran

Switzerland joins EU sanctions against Iran

Switzerland has decided to adopt the European Union's sanctions on alleged delivering Iranian drones to Russia, the government said in a statement on Wednesday. However, the economic affairs and foreign affairs departments decided …

Germany asks Switzerland to allow ammo exports to Ukraine

Germany asks Switzerland to allow ammo exports to Ukraine

German Defense Minister Christine Lambrecht sent a letter to her Swiss counterpart Viola Amherd, with a request to allow shipments of 35mm ammunition for German-made Gepard anti-aircraft guns to Ukraine, German newspaper Spiegel reported. …

Switzerland may join sanctions against Iran

Switzerland may join sanctions against Iran

The Swiss authorities may join the new European sanctions imposed on a number of Iranian individuals and entities, including the morality police, Swiss Economy Minister Fabian Mayenfisch said. According to him, the Ministry is …

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 could fine violators of new gas use rules

Switzerland could fine violators of new gas use rules

Amid a burgeoning energy crisis in Europe, Switzerland is planning to crack down on citizens who do not comply with new rules enforced to regulate gas use this winter. People who violate the new regulations could face fines or even jail …

Lindt to leave Russian market

Lindt to leave Russian market

Lindt & Spruengli has made the decision to withdraw from the Russian market, the Switzerland-based chocolate and confectionery producer said on its official website. "Following its announcement on March 9, 2022, the Lindt & …

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 …

Cement maker Holcim to quit Russian market

Cement maker Holcim to quit Russian market

Holcim is exiting the Russian market, the world's biggest cement-maker said on Tuesday. "The Holcim Board of Directors has decided to initiate the process to exit the Russian market in line with the company's values to …