Global Trade Alert
Global Trade Alert

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Switzerland: Introduction of trade restrictions and financial sanctions towards Russia

Description

On 25 March 2022, the Swiss Federal Council prohibited any financial services establishing new loans, credit, capital injection, or other financing services to entities in Russia operating in the ener...

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Intervention Details

Intervention Type

Controls on credit operations

MAST Chapter

Capital control measures

Implementation date

25 Mar 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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