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Global Trade Alert

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Switzerland: Adoption of further economic sanctions against Russia, including price caps for Russian crude oil and petroleum products above USD 45 or USD 100 per barrel

Description

On 15 February 2023, the Swiss Government announced that it will prohibit Swiss operators from providing certain commercial financing services to entities that provide transportation-related services ...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

15 Feb 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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